Exploration project
Red Hill -- 100% HVY.
Red Hill is HVY's second WA Alluvial Almandine Garnet
Project. Current Exploration Target 90-150 Mt @ 4.1-5.4% THM, with
a JORC MRE in definition. A 47-sample QXRD assay batch is in progress
at Bureau Veritas Adelaide; results expected early-to-mid May 2026.
Exploration target
| Range | Tonnes (Mt) | THM (%) |
|---|
| Lower | 90 | 5.4 |
| Upper | 150 | 4.1 |
The
potential quantity and grade is conceptual in nature. There has been
insufficient exploration to estimate a Mineral Resource and it is
uncertain if further exploration will result in the estimation of a
Mineral Resource.
QXRD assay programme
47-sample QXRD batch dispatched to Bureau Veritas Adelaide
(PO E66/102). Results pending.
