The resource is located on private landholdings, approximately 120km south east of Perth, between the townships of Wandering and Pingelly. The deposit is situated on exploration licences E70/3890 and E70/3180.
Athena is contained within the Company’s joint venture with HD Mining & Investments Pty Ltd, (HDM) the wholly owned subsidiary of Shandong Bureau No.1 Institute for Prospecting of Geology & Minerals (Shandong).
The Athena bauxite resource:
Athena is situated approximately 20km north of the 15Mt Ceres resource announced in June 2012. Both resources are located in the eastern Darling Range and within the HD Mining JV. Combined the two resources total 51Mt and indicate this may emerge as a new bauxite district.
Total Athena Deposit Resource Classification (All grades are unbeneficiated)
Al2O3 (available @148oC) %
SiO2(reactive @ 148oC) %
Al2O3 (total) %
SiO2 (total) %
* Note – Numbers rounded to the first significant figure.