Balla Balla Introduction
Aurox Resources Limited (“Aurox or The Company”) listed on the Australian Stock Exchange in October 2004. The Company holds 100% tenure over a number of prospective iron, gold and copper bearing tenements in the West Pilbara and the Midwest mineral fields of Western Australia. The Company’s key asset is the Balla Balla Project; a large homogeneous titanomagnetite orebody having +15 years of mine life on JORC compliant Ore Reserves. Expenditure to date exceeds $90 million on developing the iron/vanadium/titanium potential of this highly prospective West Pilbara deposit. At Balla Balla detailed engineering is well advanced with all associated processing, transport and shipping infrastructure secure. Long-term off-take agreements for future Balla Balla iron-vanadium concentrate production have been executed with large Chinese steel-vanadium producers. Ministerial sign-off of the Balla Balla Environmental Study was completed 24th April 2009 giving the Company a “green-light” to commence construction once project funding is in place.
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