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Future Direction

In 2008 the Company will continue to build upon its recent strategic decision to position itself as a potential iron ore producer, through the development of its Marillana Iron Ore Project. Brockman Resources will continue to build the value of the company through the expeditious development of this project, while continually looking for business opportunities associated with its existing portfolio of projects and tenements.

Brockman Resources Limited was formerly known as Yilgarn Mining Limited, following a shareholder approved name change in November 2007 forth, to further reflect its change in corporate objectives and strategic direction.

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Drilling and Exploration

 
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Confirm the resource size, grade and geology in the north-west sector of the Marillana tenement along with the newly discovered “Rockhole Bore” deposit
 
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Confirm the resource size, grade and geology in the north-west sector of the Marillana tenement along with the newly discovered “Rockhole Bore” deposit
 
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Complete current drilling programs prior to the Pilbara wet season, then recommence a dual RC rig campaign in April
 
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Complete Environmental and Heritage Clearances on all remaining areas within the tenement, subject to potential mineralisation or future infrastructure requirements
 
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Progress drilling to achieve the targeted mineralisation of 100 million tonnes
 
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Expand the reconnaissance drilling program along the south-east boundary of the tenement, to test other gravity anomalies
 
 

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Studies and Project Development

 
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Complete the Scoping Study and various option studies, to determine the optimal Business outcome for the Project development phases
 
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Continue discussions with “third-party” Infrastructure groups, to confirm the path forward for the transportation of our iron ore to the harbour
 
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Commence a Pre-Feasibility Study, once the outcomes of the Scoping Study have been reviewed and assessed, and the required agreements have been struck
 
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Complete the required approvals to apply for a Mining Lease over the nominated areas of potential mine and infrastructure development
 
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Design and develop a program to construct a test-pit or 2 Mtpa mine, to confirm ore characterisation, mineability and geology
 
 
 
 

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Growth and Shareholder Value

 
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Prioritise the development of the Marillana Iron Ore Project to capitalise on the growing global demand for iron ore
 
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Divest the non-core assets in the most beneficial manner
 
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Grow our management team in accordance with project development
 
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Fast-track the Marillana project, with a strong emphasis on securing a 100 million tonne resource and third-party infrastructure agreements
 
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Expand and strengthen our relationship with the government regulatory bodies, environmental and community groups, future customers and potential partners
 
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Maintain and build strong relationships with the Investor community
 
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Focus on delivering the Key Project outcomes in accordance with Milestone targets

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