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Peregrine Gold Uncovers Vast High-Grade Channel Iron Deposit Near BHP Hub

8:28am on Monday 21st of July, 2025 AEST Mining
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Peregrine Gold Uncovers Vast High-Grade Channel Iron Deposit Near BHP Hub

8:28am on Monday 21st of July, 2025 AEST
Key Points
  • Large-scale Channel Iron Deposit discovered over 6.4km strike, with inferred extension to 7.7km
  • High-grade iron ore averaging ~57% Fe, peaking above 61% Fe in samples
  • Deposit located near BHP’s Western Ridge Project and Mt Whaleback, close to infrastructure
  • Discovery represents a previously unreported valley-type CID system
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