Radar Iron
Stock Code
RAD
Stock Exchange
ax
Radar Iron (RAD) is an iron ore company that listed on the Australian Securities Exchange (ASX) in December 2010. Its key assets are iron ore rights to tenements in the highly prospective central Yilgarn region of Western Australia. Previous drilling has been undertaken and high potential exists for iron ore discovery as indicated by recent geophysical studies and field review. The new company plans to rapidly assess both the hematite and magnetite potential with initial magnetite drilling completed in late 2010 and drill testing of hematite mineralisation scheduled for February 2011.
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