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Australian Critical Minerals Uncovers High-Grade Iron Zones, Refines Strategic Focus
5:35am on Monday 2nd of June, 2025 AEST
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Mining
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Australian Critical Minerals Uncovers High-Grade Iron Zones, Refines Strategic Focus
5:35am on Monday 2nd of June, 2025 AEST
Key Points
Shaw Project yields multiple rock samples exceeding 60% iron content
Cooletha Project’s channel iron deposits show grades up to 63% Fe with low phosphorus
Company withdraws from rare earths farm-in agreement to focus on iron exploration
Cash position stands at $1.43 million with disciplined exploration expenditure
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Australian Critical Minerals (ASX:ACM)
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