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Giralia expands West Pilbara iron ore

GIRALIA Resources has announced that it has amalgamated its West Pilbara tenement holdings with assets from private company, Guardian Resources, to form a new company to be called Red Hill Iron. Giralia managing director Mike Joyce said the 49 per cent interest gave the company a substantial stake in a high-potential iron ore project, close to existing infrastructure and rail facilities. He said the decision to combine the assets came after a number of iron ore majors had approached both companies to acquire the assets. Mr Joyce said Guardian was associated with Perth mining identity Josh Pitt.

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