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Arrow Minerals Ltd (ASX:AMD)

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Announcement
Release
18 Aug 2026 9:26AM
Price at Release
$0.012
Full Release
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Summary
Arrow Minerals Ltd is advancing its strategy to exploit the Pilbara iron ore opportunities by acquiring a 70% interest in tenement applications E08/3777 and E08/3719, which are adjacent to its existing Yarraloola project. The company aims to test the potential of channel iron deposits, leveraging its proximity to quality infrastructure and markets to develop a significant cashflow-generating project. This strategic move underscores Arrow's commitment to expanding its mineral footprint in the Pilbara region, focusing on direct shipping ore (DSO) deposits.
Key Points
  • Arrow Minerals Ltd plans to acquire a Pilbara iron ore project targeting DSO deposits.
  • The acquisition involves a 70% interest in tenement applications E08/3777 and E08/3719.
  • Arrow Minerals already owns the adjacent Yarraloola tenement E08/3010.
  • The company plans to drill test the site to assess the potential of channel iron deposits.
  • Arrow's strategy focuses on exploiting iron ore potential and existing infrastructure proximity.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.