Yandi South Iron Ore Project Acquisition

planned

Macro Metals has agreed to acquire the Yandi South iron ore project in Western Australia's Pilbara region. The acquisition includes three granted exploration licences covering 56 square kilometres, with a historical indicated mineral resource estimate of 4.28 million tonnes at 55.8% iron. The project is located near Macro's Extension iron ore project and adjacent to BHP and Rio Tinto operations. Macro plans to update the resource model, undertake further exploration, and commence mining studies to develop a production pathway.