Strike Resources LimitedASX: SRK

Staged Production and Lower Capex - Opex for Paulsens East

· Issued by Strike Resources Limited

Filed with ASX · · 62 pages · English

SUMMARY ➢ Paulsens East Iron Ore Project Feasibility Study of October 2020 has been updated to reflect a two stage development with optimised mining operations that reduces Capex and Opex and improves project economics based on current market price of iron ore: ▪ Stage 1 Production will focus on surface detrital and low strip ratio materials of up to 400,000 tonnes to be shipped through the Utah P

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