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Iron Bear Doubles Indicated Resource to 4.5 Billion Tonnes at Labrador Trough
10:22am on Tuesday 12th of May, 2026 AEST
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Mining
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Iron Bear Doubles Indicated Resource to 4.5 Billion Tonnes at Labrador Trough
10:22am on Tuesday 12th of May, 2026 AEST
Key Points
Indicated resource up 114% to 4.5 billion tonnes
Total mineral resource down 18% to 13.6 billion tonnes
Updated geological model reveals fault repetition and stratigraphic stacking
Metallurgical tests confirm high-grade magnetite concentrates for DR and blast furnace
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