Bona Well Project

The project is located approximately midway between Mt Gibson Iron Ltd’s Wolla Wolla project and Ferrowest Ltd’s Yogi project. Geological mapping and aeromagnetic imagery of the project area show prospective banded iron formations of up to 7km of strike. Thrust faulting which has resulted in multiple, sub parallel banded iron formations is a further indication of prospectivity for iron mineralisation. The project is an early stage exploration opportunity to explore for iron ore in an easily accessible and favourably located area.

Bona Well Geology Map

Bona Well Magnetic Map

SHARE PRICES