| Risk and valuation analysis of the SCM Vallenar Iron Project |
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| Title(s) of the SCM Vallenar Iron Project |
 | Admiralty Resources NL
Owner: 49% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Compania Minera Santa Barbara, S.A. operates as a miming company. It owns and operates iron ore mining properties in Northern Chile, containing alluvial, hard rock, and stockpiled iron ore fines. The company was founded in 2004 and is based in Vallenar, Chile. Compania Minera Santa Barbara, S.A. operates as a subsidiary of Admiralty Resources NL. |
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| Location of the SCM Vallenar Iron Project |
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The Cia Minera Santa Barbara mines are located in Northern Chile in Region 3, seven kilometres south west of Vallenar (population 20,000) and 55 kilometres from the commercial port of Huasco Bay. The mines and tenements cover an area in excess of 7,400 hectares.
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| History of the SCM Vallenar Iron Project |
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Admiralty Resources NL acquired a 49% interest in Cia Minera Santa Barbara, a company formed in November 2004, to exploit the iron ore resources located near Vallenar in Chile. Cia Minera Santa Barbara owns and will operate nine existing iron ore min more...
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| Geology of the SCM Vallenar Iron Project |
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The nine mines have a JORC proven and probable resource of at least 53 million tonnes of iron ore. There is no overburden to remove from the alluvial mines. The four major mines, Japonesa, Japonesita, Mirador and Mariposa are within two kilometres of more...
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