Astute Metals completed a scoping study for the Governor Broome Mineral Sands Project in Western Australia, demonstrating strong returns and economic viability.

The study proposes a ten-year dredge mining project focusing on zircon, ilmenite, rutile, garnet, and rare earth minerals, with third-party toll treatment to enhance product value.

Further potential lies in assaying low-grade overburden and exploration, prompting advancement to the pre-feasibility study phase.

Astute Metals plans to explore funding, joint ventures, or asset sales to maximise shareholder value while advancing project development.