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An independent specialist report (ISR) was prepared for Red Hawk Mining Limited’s iron ore assets in Western Australia, covering the Blacksmith project (173.8 Mt at 60% Fe resource; 46 Mt at 60.5% Fe reserve) and the nearby Anvil project, held under retention licence R47/21. The ISR provided a comprehensive technical assessment, valuation, and financial model inputs to support a potential off-market transaction. SRK verified compliance with the JORC Code (2012) and VALMIN Code (2015). Also, findings included exploration potential and detailed cost estimates for life-of-mine schedules.
The article describes the 'Linear Mining' that was used by SRK when it supported Caledon’s acquisition by completing a due diligence and compiling a Competent Person’s Report to list and raise equity finance on AIM in London.
Learn MoreSRK began its relationship with Minto Exploration Ltd. (a 100%-owned subsidiary of Capstone Mining Corp.) in 2006, when it conducted a due diligence review of the Minto copper-gold-silver mine project for a major bank.
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