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- Hawsons Iron (HIO) progresses activities on the Bankable Feasibility Study (BFS) being completed for its Hawsons Iron project in New South Wales
- The company has appointed engineering group Australian Mine Design and Development (AMDAD) as a mining consultant
- Wet weather has been a issue but the company is determined to stay on track, with drilling to recommence as soon as the site can be accessed
- It is working at speed to analyse samples, with the laboratory working 24 hours a day to generate assays required to update the mineral resource estimate at the project
- Shares are trading in the grey at 62 cents each at 3:15 pm AEST
Hawsons Iron (HIO) has progressed activities on the Bankable Feasibility Study (BFS) being completed for its Hawsons Iron project in New South Wales.
The company has appointed engineering group Australian Mine Design and Development (AMDAD) as a mining consultant.
It has completed the decarbonisation and sustainability report as well as some Environmental Impact Studies and surveys.
Wet weather has given rise to some issues, but the company is determined to stay on track, with drilling to recommence as soon as the site can be accessed.
It is working at speed to analyse samples, with the laboratory working 24 hours a day to generate assays required to update the Mineral Resource Estimate at the project.
Executive Chairman Bryan Granzien said the company is working hard to stay on schedule.
“Everyone’s been working around the clock to ensure we can deliver on time and meet our schedules despite ongoing weather disruptions,” he said.
“To date we’ve completed resource drilling at approved locations and as soon as we can regain full site access, we will complete the geotechnical drilling program that is providing the data required by the mining engineers to develop the pit plan.”
Shares were trading in the grey today at 62 cents each at 3:15 pm AEST.
