Mt Bevan is a PFS-stage magnetite project approximately 100 km west of Leonora, owned 63.43% by Hancock Magnetite Holdings and 36.57% by Legacy Iron Ore. Hawthorn converted its former 19.6% equity stake into a 1% FOB revenue royalty. The current JORC resource totals 1,291 Mt at 33.5% Fe, while operator forward works focus on water, tenure, infrastructure, heritage and environmental de-risking.
- Country
- Australia
- Commodity
- Fe
- Stage
- Pre-Feasibility