ASX Announcements

Royal Resources Limited is a mineral exploration company exploring for iron ore in South Australia and for iron, gold and uranium in the Northern Territory.

Our main focus is the Razorback Premium Iron Ore Project, a very large magnetite deposit located 240km NNE of Adelaide, South Australia. It is owned 100% by Royal. The project has a JORC compliant resource of over 2.7 Billion tonnes (Indicated and Inferred) with an additional 1.2 Billion tonnes (Inferred) in the nearby Ironback Hill deposit.  There remains up to a conservative 4 Billion tonnes as an exploration target at grades of 18 to 45% Fe. Razorback occurs in an infrastructure rich area that has access to nearby existing open user rail, port, power, gas, heavy engineering and dormitory towns.