Athena is a Western Australian based exploration company (listed on the ASX since 2007) incorporated in April 2005 with the objective of acquiring mineral projects with the potential to be developed into profitable
mining operations.
The Byro Iron Ore Project is strategically located approximately 100km west of the proposed Midwest Iron Ore Railway which is planned to link existing and future iron ore projects in the Mid West Region to the proposed Oakajee deep water bulk shipping port north of Geraldton.
During the September quarter 2010 a DTR analysis was carried out on the samples recovered from the 1800 meter, 17 drill hole Reverse Circulation (RC) program carried out on the magnetic targets on E09/1507. Results confirmed the potential to produce a high-grade magnetite concentrate with super low levels of detrimental impurities.
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