Grange Resources Limited, Level 13, 221 St Georges Terrace, Perth ...

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Southdown Magnetite ProjectDRILLING CROSS SECTIONS
Southdown Magnetite ProjectOPEN PIT OPTIMISATION AND PROJECTIONGOLDER ASSOCIATES UNDERTOOK AN OPEN PIT OPTIMISATION BASED ONTHE 2 KM OF DRILLED RESOURCES AT SOUTHDOWN, EXTENDED TO ADEPTH OF 300 METRES.RESULTSCASEWASTE(Mt)ORE(Mt)STRIP(t/t)DEPTH(m RL)DTR (%)BASE112.066.81.68-12036.12BASE413.1133.63.09-26036.59BASE531.7145.83.65-27036.54WIDE118.069.71.69-13036.19WIDE477.4157.13.04-27036.74WIDE573.1167.63.42-28036.44OPTIMISATION INDICATES THAT 157.1 Mt OF MAGNETITE ORE AT AMAGNETITE CUT OFF COULD BE ACHIEVED AT A STRIP RATIO OF 3.04[WASTE(t) : ORE(t)]
Page 1 and 2: February 2005Grange Resources Limit
Page 3 and 4: SHARE CAPITAL AT 3 rd FEBRUARY 2005
Page 5 and 6: MAJOR SHAREHOLDERS AT 31 DECEMBER 2
Page 7 and 8: Southdown Magnetite ProjectPROJECT
Page 9 and 10: Southdown Magnetite ProjectTENEMENT
Page 11 and 12: Southdown Magnetite ProjectBMR AERO
Page 13: Southdown Magnetite ProjectDRILLING
Page 17 and 18: Southdown Magnetite ProjectDEVELOPM
Page 19 and 20: Southdown Magnetite ProjectINFRASTR
Page 21 and 22: Southdown Magnetite ProjectINFRASTR
Page 23 and 24: Southdown Magnetite ProjectCOST EST
Page 29 and 30: Highway Open Pit MinePANORAMIC OVER
Page 31 and 32: Reward Deeps ProjectLOCATION OF ORE
Page 33 and 34: Freshwater Project - Plutonic/Marym
Page 35 and 36: Freshwater Gold ProjectSUMMARYOwned
Page 37 and 38: Freshwater ProjectPRODUCTION & ROYA
Page 39 and 40: Freshwater ProjectMINERAL RESOURCES
Page 41 and 42: Red Hill Project SUMMARYGrange has
Page 43 and 44: Wembley Gold Project SUMMARYLocated
Page 45 and 46: Abercromby Well Project SUMMARYLoca
Page 47 and 48: Horseshoe Lights ProjectLOCALITY PL
Page 49 and 50: Mount Samuel Project SUMMARYGrange
Page 51: Mount Samuel ProjectGEOLOGICAL CROS

Grange Resources Limited, Level 13, 221 St Georges Terrace, Perth ...

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