Byro Magnetite Project
exceptional quality magnetite in western australia
The Byro Magnetite Project is our flagship asset, located in WA’s Mid West region approximately 340km from the Port of Geraldton. Following the maiden Byro South resource announcement in November 2025, the project has demonstrated exceptional magnetite quality with concentrate grades exceeding 70% Fe and a significantly expanded resource base.
project overview
Location:
Mid West Region, Western Australia
Distance from Perth:
650km north
Distance from Geraldton Port:
340km north-east
Tenure:
5 Exploration Licences, 2 Mining Licences
Land Access:
Pastoral access agreements in place
resources
Total Byro Project: 76.3Mt @ 26.1% Fe 1FE1 “refer ASX announcement dated 29 March 2023 –Byro FE1 Mineral Resource Estimate Full Entech Report”
Byro South MRE – “refer ASX announcement dated 27 November 2025 – Maiden Byro South Mineral Resources Estimate”
Scoping Study – “refer ASX announcement dated 20 May 2024 – Scoping Study Byro FE1 Magnetite Project”
| Classification | Mass (Mt) | Grade Fe (%) | DTR (%) |
| Indicated | 24.0 | 25.1 | 33.4 |
| Inferred | 52.3 | 26.6 | 32.0 |
| Total | 76.3 | 26.1 | 32.5 |
FE1 Deposit
Resource: 29.3Mt @ 24.7% Fe 2FE1 “refer ASX announcement dated 29 March 2023 –Byro FE1 Mineral Resource Estimate Full Entech Report”
Byro South MRE – “refer ASX announcement dated 27 November 2025 – Maiden Byro South Mineral Resources Estimate”
Scoping Study – “refer ASX announcement dated 20 May 2024 – Scoping Study Byro FE1 Magnetite Project”
Status: Scoping Study complete (May 2024)
Quality: Proven 70.61% Fe concentrate
Byro South
Resource: 47Mt @ 29% Fe (Maiden, Nov 2025) 3FE1 “refer ASX announcement dated 29 March 2023 –Byro FE1 Mineral Resource Estimate Full Entech Report”
Byro South MRE – “refer ASX announcement dated 27 November 2025 – Maiden Byro South Mineral Resources Estimate”
Scoping Study – “refer ASX announcement dated 20 May 2024 – Scoping Study Byro FE1 Magnetite Project”
Location: 20km from FE1
Significance: Higher head grades than FE1, mine life extension potential
Additional Prospects
Whistlejack, Whitmarsh Find, Narryer – future exploration upside
product applications
Direct Reduced Iron (DRI) feedstock
High-purity steel production
Battery technology iron
Industrial magnetite
Medical-grade products
project highlights
