Project Overview

Located in the heart of the Pilbara Iron Province, Hemisphere Resource's Yandicoogina South Iron Project is a proirity target for premium quality channel iron deposits.

Production Strategy

Hemisphere Resources have the capability and intent to apply a 'rocks to dollars' strategy to the Yandicoogina Project. This is expected to involve Direct Shipping Ore (DSO).

Adjoining Major Iron Ore Mines

Hemisphere Resources' Yandicoogina South endowment is bordered by world class Rio Tinto, BHP and FMG iron ore mines as highlighted in the map in Fig 1 below.

Fig 1: Yandicoogina South Iron Project Location

HIGH GRADE IRON ASSAYS AT YANDICOOGINA SOUTH

Rock Chip Results

Significant outcropping is in evidence, as highlighted in the image in Fig 2 below.

Fig 2: Significant Outcropping CID

Valley Identified With Hamersley Group at Head of Valley

Fig 3: Valley Identified With Hamersley Group at Head of Valley

Aerial View of Yandicoogina South Project and Surrounds

• Rio Tinto Mines and Channel Iron Deposit (CID) is outlined in yellow
• Yandicoogina Creek CID Potential is outlined in green
• Hemisphere Endowment Target Areas are outlined in blue

Fig 4: Aerial View of Yandicoogina South Iron Project and Surrounds

Typical Schematic CID Cross Section

The following schematic highlights target areas and the relationship to the old valleys.

Fig 5: Schematic CID Cross Section