Brockman Resources Limited

Published : May 10th, 2010

Public Environmental Review Commences For Marillana Iron Ore Project

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Brockman Resources Ltd (ASX: BRM)

 

ASX/MEDIA ANNOUNCEMENT                                                                                                                                                                               10 MAY 2010

 

 Public Environmental Review Commences For Marillana Iron Ore Project

KEY MILESTONE IN APPROVALS PROCESS FOLLOWING RECENT OFF-TAKE DEAL WITH SINOSTEEL

 

Australian iron ore company Brockman Resources Limited (ASX: BRM ? ?Brockman? or ?the Company?) has moved another step closer towards the development of its Marillana Iron Ore Project (?Marillana Project? or ?the Project?) in Western Australia?s Pilbara with the State?s Environmental Protection Authority (?EPA?) today approving the release of the Project?s Public Environmental Review (?PER?) for public comment.

 

The PER document has been through a comprehensive review process with Western Australia?s EPA prior to its release for public comment today. The public comment period will run for a 4-week period, with submissions open until Tuesday 8 June 2010.

 

The EPA will then consolidate the public submissions for Brockman?s response. Upon conclusion of this process, the EPA will make its final assessment report and recommendations to the Minister for

Environment. Subject to an appeals period, the Minister will then make the final project approval decision based on environmental, social and economic considerations.

Commenting on the announcement, Brockman?s Managing Director, Mr Wayne Richards, said:

 

?We are very pleased to have achieved this important milestone in the approvals process for the Marillana Project. Brockman has already completed approximately 20 months of detailed surveys, studies, reports and discussions with key stakeholders and regulators, and we are now in a position to build this project with an extremely good understanding of the regional environmental, social and heritage values.?

 

?This public review process provides an important vehicle to ensure all conservation and management measures are integrated within our project implementation plan as we push forward into construction and, ultimately, operation.?

 

?The EPA?s approval of the PER for public comment represents another example of Brockman?s ability to deliver solid results and meet aggressive targets. We remain on track to complete a Definitive

 

Feasibility Study for the Marillana Project before the end of the third quarter of 2010.?

 

The commencement of the PER public review period caps a busy month for Brockman, following the recent signing of a landmark non-binding Memorandum of Undertaking (?MoU?) with China?s largest iron ore importer, Sinosteel Australia Pty Ltd (?Sinosteel?), for the purchase of up to 50% of future production from the Marillana Project.

 

The MoU with Sinosteel considers the purchase of a maximum of 10 million tonnes per annum of production over an initial 5-year off-take period. Significantly, the MoU also contemplates the parties discussing wider strategic investment options by Sinosteel in the Marillana Project.

 

 

ABOUT BROCKMAN RESOURCES LIMITED

 

Brockman is an ASX300 listed Company with its principal project, the Marillana Iron Ore Project, located 100km north-west of Newman in the Pilbara region of Western Australia and lying close to existing rail, road and port infrastructure. The Marillana Project will potentially be the largest ?junior? iron ore (hematite) project in Australia.

Brockman has built a portfolio of additional iron ore tenements throughout the Pilbara (predominately the West Pilbara) to develop a pipeline of future projects and expansions, thereby creating future value enhancement to the Company?s shareholders.

 

Through our membership of the North West Iron Ore Alliance, the Company has been successful in formalising the ?reservation? of two inner harbour berths and associated material handling infrastructure at Port Hedland which can accommodate an allocation of 50 million tonnes per annum of export capacity.

 

The Marillana Project is scheduled to commence production in 2013 at a nominal rate of 17-20 million tonnes per annum.

 

Wayne Richards

Managing Director

 

 


?ENDS? Released by:

Nicholas Read / Kate Bell

Read Corporate

Phone: +61 8 9388 1474

On behalf of:

Wayne Richards

Managing Director

Brockman Resources Limited

Phone: +61 8 9389 3000

 

 

 

READ CORPORATE
Public Relations Corporate Communications
T: (+61-8) 9388-1474 | F: (+61-8) 9388-1472 | E: info@readcorporate.com.au | Web: www.readcorporate.com.au

 

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Brockman Resources Limited

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CODE : BRM.AX
ISIN : AU000000YGL7
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Brockman Res. is a gold producing company based in Australia.

Brockman Res. develops gold and iron in Australia, and holds various exploration projects in Canada.

Its main asset in development is MARILLANA in Australia and its main exploration property is WEST HAMERSLEY in Canada.

Brockman Res. is listed in Australia. Its market capitalisation is AU$ 366.4 millions as of today (US$ 381.0 millions, € 304.8 millions).

Its stock quote reached its lowest recent point on August 20, 2004 at AU$ 0.10, and its highest recent level on April 08, 2011 at AU$ 6.25.

Brockman Res. has 144 803 151 shares outstanding.

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Corporate Presentations of Brockman Resources Limited
1/29/2008Patersons Research Report
Nominations of Brockman Resources Limited
2/10/2012Acceptance of Takeover Offer by Independent Directors
1/27/2012BRM - Appointment of CEO
6/10/2010Appoints Former Rio Tinto Executive Barry Cusack as Chairman
9/8/2009Welcomes appointment of Mr Ian Campbell as Alliance Chairman
1/7/2009Appoints UBS as Corporate Adviser
9/5/2008Announces Two Key Appointments
3/13/2008 Appoints General Manager - Project Development
Project news of Brockman Resources Limited
12/12/2011Bid Implementation Agreement - Brockman Resources
12/12/2011Recommended Takeover Offer for Brockman Resources
6/17/2011(Marillana)and Wah Nam Confirm Project Development
4/21/2011(Marillana)Quarterly Report for the Period 31 March 2011
2/17/2011(Marillana)Marillana iron ore project receives final environmental appr...
6/1/2010(West Hamersley)Identifies Significant New Hematite Targets at West Hamersle...
5/10/2010(Marillana)Public Environmental Review Commences For Marillana Iron Ore...
11/26/2009 Awards Key Definitive Feasibility Study Contract
9/7/2009(Marillana)New Port Contract Takes Brockman's Marillana Project Closer ...
8/18/2009(Marillana)Receives Key Environmental Approval for Marillana Iron Ore P...
8/10/2009(Marillana)Moves to Definitive Feasibility Study Following Completion o...
3/11/2009COMPLETION OF SCOPING STUDY FOR THE DEVELOPMENT OF MULTI USE...
3/4/2009(Marillana)Abalone Delivers 25% Increase in Marillana DSO Resource to 7...
1/20/2009(Marillana)Confirms new discovery of direct shipping iron ore at Abalon...
12/3/2008(Marillana)Marillana Project Development Update
11/5/2008(Marillana)Marillana Project Development Update
8/21/2008(Marillana)Delivers 40% Increase to Marillana Iron Ore Resource to 1.6 ...
7/16/2008(Marillana)Awards Key Contract for Marillana Definitive Feasibility Stu...
6/5/2008(Marillana) RAISE A$112.5M TO COMPLETE FUNDING REQUIREMENTS FOR EARLY S...
3/5/2008(Marillana)on the Move with Landmark 1.1 Billion Tonne Iron Ore Resourc...
1/18/2008(Marillana)+59% Detritals Upgrade at Marillana
Corporate news of Brockman Resources Limited
2/13/2012Letter to Shareholders
2/9/2012FIRB Approves Wah Nam Australia Takeover
1/31/2012BRM Quarterly Activities Report
1/25/2012BRM Progress Report - Positive Exploration Drilling Results
12/15/2011Target's Statement
12/8/2011Open Briefing with Interim CEO Colin Paterson
8/30/2011Identifies Significant New Hematite at Ophthalmia
7/22/2011(Marillana)Marillana BFS on Schedule for Completion in Q4 2011
6/30/2011support for industry consolidation
6/14/2011Welcomes Conclusion of Wah Nam Bid
6/2/2011(Marillana)Marillana Development on Track
5/16/2011Wah Nam Offer Extended Until 15 June
4/1/2011Shareholder Update - Wah Nam Takeover Offer
2/14/2011Response to Takeover's Panel Reasons
2/11/2011Response to the Takeover Panel's reasons
1/25/2011Response to Media Reports
8/24/2010Brockman reports positive results from key metallurgical sin...
4/21/2010Signs Landmark MOU with Sinosteel for Iron Ore Off-take
5/26/2010Letter to Shareholders Regarding the Resource Super Profits ...
2/24/2010Major Boost for Brockman as Test work Confirms Upgradeabilit...
2/9/2010Major Resource Upgrade takes Brockman=E2??s Iron Ore Project...
1/27/2010Quarterly Report December 2009
10/29/2009September 2009 Quarterly Report
7/29/2009June 2009 Quarterly Report
6/25/2009New Substantial Shareholders
6/2/2009Shareholder newsletter
5/29/2009Shareholder Newsletter
1/20/2009Confirms New Discovery of DSO Iron Ore at Abalone - Marillan...
10/1/2008Signs Landmark Native Title Mining Agreement for Marillana P...
9/26/2008Welcomes High Court Ruling on Declaration of Pilbara Rail Li...
9/17/2008Identifies Potential Target of 30 ? 50Mt of Direct Shipping ...
8/21/2008MEDIA RELEASE : BROCKMAN RESOURCES
8/6/2008Port Hedland Berth Reservation to Brockman Resources Via NWI...
7/30/2008June 2008 Quarterly Activities Report
7/10/2008All Funds From A$112.5M Capital Raising Now Received
7/7/2008Completes A$112.5M Raising to Underpin Early Production Push
7/2/2008Improved Beneficiation Recoveries Indicate Potential 125Mt U...
6/24/2008 Welcomes NCC Recommendation to Declare Pilbara Rail Lines
6/18/2008Paterson's Research Report
6/13/2008Marillana in Prime Location to Benefit from Proposed Pilbara...
4/29/2008Quarterly Activities Report
4/22/2008 Confirms Discussions with Haoning Group
6/5/2007Has joined forces with iron ore miner Midwest Corporation
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