The Yalgoo Project is located 6km west of Yalgoo within the iron ore rich area of Western Australia in the mid-west region, 180km from the Port of Geraldton. Yalgoo is well serviced by existing infrastructure with a railway corridor and the highway to Geraldton running across the tenement’s northern boundary.
The Yalgoo tenement (E59/1816) consists of four magnetite bearing BIF sub units which vary in width from 10m to 150m. They are interbedded with 10m to 50m wide mafic and ultramafic extrusive rocks forming a 200m wide package.
Top Iron has conducted rock chipping program on the tenement and results range up to 54.9% Fe.
Using geophysical magnetic modelling (3D inversions), it is estimated that there are a number of strong prospective targets for significant magnetite mineralisation.