tiprankstipranks
Red Hawk Mining Unveils Promising PFS Results
Company Announcements

Red Hawk Mining Unveils Promising PFS Results

Flinders Mines Limited (AU:RHK) has released an update.

Don't Miss our Black Friday Offers:

Red Hawk Mining Limited has released its quarterly activities and cash flow reports, highlighting the Pre-Feasibility Study (PFS) of their Blacksmith Project, which shows a promising path to high-grade iron ore production with low capital costs and a payback period of 3.3 years. The PFS outlines an increase in production to 5 million tonnes per annum and a maiden ore reserve of 46Mt at 60.5% Fe, ensuring 13 years of production. With 77% of the Mineral Resource Estimate now in the Measured category, the Blacksmith Project in Western Australia shows robust economics and a strong foundation for future mining operations.

For further insights into AU:RHK stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskRed Hawk Mining AGMs Resolutions Passed with Strong Approval
TipRanks Australian Auto-Generated NewsdeskRed Hawk Mining Reports Strong Growth and Future Plans
TipRanks Australian Auto-Generated NewsdeskRed Hawk Expands Iron Ore Resources and Optimizes Logistics
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App