Australian Critical Minerals' Cooletha Project insights

Australian Critical Minerals (ASX: ACM) has announced significant findings from their exploration at the Cooletha Project in Pilbara. The project has yielded high-grade iron assay results, revealing iron grades up to 62%. Several Channel Iron Deposits (CIDs) have been identified, supporting the potential for Cooletha as a valuable iron ore resource.

Cooletha Project findings and future outlook

Australian Critical Minerals has reported promising iron assay results from the Cooletha Project, with grades reaching up to 62% Fe. The project benefits from significant channel iron deposits and low phosphorous content, enhancing its potential as a high-quality resource. Located near major rail infrastructure, Cooletha is well-positioned for future development. The company plans further exploration and drilling, aiming to strengthen its portfolio of critical mineral projects. Australian Critical Minerals remains committed to sustainable practices and contributing to the clean energy transition.

Executive commentary on Cooletha Project findings

The assay results from Cooletha are very encouraging and highlight the project's potential as a high-grade iron ore resource. The proximity to existing rail infrastructure further enhances the prospects for development. We are excited about the future exploration plans and the project's contribution to our strategic goals.