Gold Valley has other early-stage assets and investments rounding out our portfolio.
Early-stage assets
Speedway Magnetite Project
Speedway is about 160km north of Southern Cross in Western Australia.
Inferred mineral resource:
124Mt at 25.35% iron
The project has local access to roads and rail line infrastructure.
Hampshire Magnetite Project
Hampshire is 35km by sealed road from the Burnie port in north-west Tasmania.
Previous drilling has identified magnetite:
9 holes
Averaging 35% iron
The project has the potential for other commodities including:
Tungsten
Tin
Molybdenum
Investments
Gold Valley has a significant shareholding in ASX-listed producer and explorer CuFe Ltd. CuFe is our joint venture partner at the Yarram and Tennant Creek projects.