The area of Cockatoo Island presents as capable of supporting the development of a large scale supply base, wharf and new airstrip.
Users might include:
Oil and Gas Industry (incl. international majors and their suppliers);
Border Force / Defence (Navy);
Aquaculture exporters; and
Projects of Pearl Gull Iron
High grade haematite mineralisation can be observed on Pearl Gull’s Mining Lease, along strike from the historical Seawall mine in an area the Company has called Switch Pit. An exploration drilling program has commenced in this area.
Interpretative work undertaken by Pearl Gull Iron has identified the potential for high-grade structural repeats on the northern side of the island. An exploration drilling program has commenced in this area where historically there has been no exploration, despite high grade haematite sands being clearly visible on the beach.
The Magazine Pit area is located in the southeast part of the tenement package and exploration in this area will target medium grade haematite suitable for beneficiation, as was undertaken previously on the island.