Subiaco-based iron ore company, Brockman Resources Ltd has completed a positive scoping study which indicates its Marillana iron ore project, located north of Newman, has a potential A$1 billion net present value for a 10Mtpa project development. Last month, Brockman announced a major upgrade in the JORC compliant indicated and inferred mineral resource estimate for the Marillana Project to 1.1 billion tonnes.
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