NOTE: On the north side of the region, Mt Alexander, ASX penny stocks, SGQ, ARN, and JAV have all tried their luck for many years, but there wasn’t anything there.

There is renewed hope for Magnetite after Hancock purchased a 30% stake in HAW. Both HAW and JNO have a substantial amount of defined iron ore resources, but logistics are the biggest challenge.

ASX penny stock RDT has been exploring very heavily on its Mt Ida Lithium and Gold Project.