MOUNT RUBY MINE

The Mount Ruby iron ore mine and EPM 14880 tenements are located approximately 90km south west of Cairns, near the town of Ravenshoe. Iron ore from Mt Ruby comprises of coarsegrained crystalline magnetite. The Mt Ruby deposit is one of a few in this area still to be further explored.

Following up from an aeromagnetic survey, areas of interest for drilling have been identified. Prior exploration work proposes that the Mt Ruby deposit may extend a further 1km north of
current deposit.

MOUNT LUCY MINE

The Mt Lucy Mine is located near the town of Almaden, approximately 171km from south west of Cairns and 244km west-northwest from the Port of Mourilyan. Mt Lucy has a known tonnage of 750Kt at present, with further drilling planned later this year. The Mt Lucy mine production is a lump iron ore average of 66%Fe. Mt Lucy deposit is very similar in occurrence to Mt Ruby deposit.

Both are skarn deposits which are structurally controlled. Mt Lucy is thought to have occurred through faulting; mineralizing fluids have travelled up the fault plane and deposited the iron ore with surrounding host rocks being granite. Outcrops measured at Mt Lucy ranged from 62% Fe – 68% Fe containing coarse grained magnetite crystals.

Also noted is the very strong magnetism on outcrop samples. Future drilling should be aimed to define depth of mineralization and shape of the ore body for mine planning purposes.

MT PADDY MINE

The Mt Paddy Mine is located west of the Mt Garnett township and is approximately 40klm from the Mt Ruby mine. The Mt Paddy mine production has a lump iron ore average of 67%Fe. Mt Paddy deposit is a large 1Mt to 2Mt resource with low trace
elements.

Mt Paddy is thought to have occurred through faulting; mineralizing fluids have travelled up the fault plane and deposited the iron ore with surrounding host rocks being granite.

Further outcrops measured at Mt Paddy ranged from 62% Fe – 68% Fe containing coarse grained magnetite crystals. Also noted is the very strong magnetism on outcrop samples.

PORT MOURILYAN

Port Mourilyan is located 105km south of Cairns, Queensland. The port is mainly used to export raw sugar and molasses from the Innisfail, Babinda, Tully and Atherton Tableland sugar growing districts.

It comprises onshore sugar and molasses handling and storage facilities and a single sugar loader and associated wharf located within a sheltered natural harbour. The port is also home to a timber product export operation which sees woodchip and export logs pass through the port.

The port includes a livestock export facility and the capacity to expand into new bulk cargo exports including iron ore and magnetite. Due to its location near the Great Barrier Reef and the depth of the harbour, the maximum tonnage is governed by the draft of the vessel.

Generally the largest payload is around 45kmt. However, there are a few vessels that can receive up to 55kmt, although at times they can be difficult to source.

Tablelands Mining Group’s ship loading capabilities allow us to load at 1000t/hr. We will be seeking commercial cooperation with other Port Mourilyan users.

VIEW MINE GEOGRAPHY

The map below shows the geographic location of each our mine sites.

CONTACT

Wild River Rd
Millstream QLD 4888, Australia

Phone +61 (7) 4097 0098
Email mail@tablelandsmining.com.au