Avenira continues to progress the Wonarah Direct Shipping Ore (DSO) Phosphate Project, which aims to mine and sell high-grade phosphate ore from its Tier 1, 100% owned Wonarah Phosphate Mine. The Project is designed as a simple open cut, low capital mining operation.
Key highlights include:
Wonarah has access to good quality existing infrastructure:
Wonarah mineralisation lies within late Proterozoic to early Palaeozoic sedimentary rocks of the Georgina Basin which hosts several phosphate deposits in eastern Northern Territory and western Queensland. Wonarah is located in the area of a basement high between the Barkly and Undilla Sub-basins.
Mineralisation at Wonarah is contained within the Upper Gum Ridge Formation, comprising several units with varying degrees of phosphorite mineralisation. The most prolific mineralisation is within the Mudstone Phosphorite Unit (MPH), with varying degrees of mineralisation in the underlying units within the Upper Gum Ridge Formation.
Avenira has an extensive tenement portfolio which extends well beyond the existing Wonarah resource. Some of this portfolio has been drilled at a broad spacing and contains intercepts of >27% P2O5. This will allow Avenira to support long-term operations associated with the LFP project.