--- title: "Arrow Minerals Secures Pilbara Iron Ore Project Near Robe River Operations" type: "News" locale: "en" url: "https://longbridge.com/en/news/296155121.md" description: "Arrow Minerals has agreed to acquire a 70% stake in a direct shipping ore-grade iron ore project in the Pilbara from Voyage Minerals, a Leeuwin Metals subsidiary. The deal includes a 12-month option on two additional tenements. Located near Rio Tinto's Robe River operations, the site hosts high-grade channel iron deposits. Arrow plans immediate drilling to assess scale and quality, guiding future decisions on the option and nearby copper-gold targets." datetime: "2026-08-17T23:39:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296155121.md) - [en](https://longbridge.com/en/news/296155121.md) - [zh-HK](https://longbridge.com/zh-HK/news/296155121.md) generator: "portal-rs" --- # Arrow Minerals Secures Pilbara Iron Ore Project Near Robe River Operations Leeuwin Metals Ltd ( (AU:LM1) ) has shared an update. Arrow Minerals has agreed to acquire a 70% stake in a direct shipping ore-grade iron ore project from Voyage Minerals, a subsidiary of Leeuwin Metals, along with a 12-month option over two additional nearby tenement applications. The 319-square-kilometre package in the Pilbara sits less than 15km from Rio Tinto’s 65Mtpa Robe River Joint Venture operations and hosts more than 2km of mapped channel iron mineralisation at surface, adjacent to a major highway. Previous exploration, including work by Leeuwin and CZR Resources, has identified high-grade channel iron deposits at the BBQ Valley CID target, with mineralisation open under cover and comparable to ore currently mined by the Robe River JV. Arrow plans to drill test the tenement E08/3668 promptly to define the scale and quality of the iron ore, guide its decision on exercising the option over the two additional tenements, and assess potential strike extensions of copper-gold mineralisation at the nearby Ava target. **More about Leeuwin Metals Ltd** Arrow Minerals Limited is an Australian-listed exploration company focused on discovering and developing mineral resources in Western Australia. Its portfolio includes the Yarraloola Copper Project and now a significant direct shipping ore-grade iron ore opportunity in the Pilbara, located near major existing iron ore operations and infrastructure. **Average Trading Volume:** 297,909 **Technical Sentiment Signal:** Buy **Current Market Cap:** A$24.02M For a thorough assessment of LM1 stock, go to TipRanks’ Stock Analysis page. ### Related Stocks - [AMD.AU](https://longbridge.com/en/quote/AMD.AU.md) - [RIO.US](https://longbridge.com/en/quote/RIO.US.md) - [RIO.AU](https://longbridge.com/en/quote/RIO.AU.md) - [RIO.UK](https://longbridge.com/en/quote/RIO.UK.md) - [CZR.AU](https://longbridge.com/en/quote/CZR.AU.md) - [RTPPF.US](https://longbridge.com/en/quote/RTPPF.US.md) ## Related News & Research - [AMD: Net loss narrowed, cash reserves rose, and major project acquisitions and permits advanced](https://longbridge.com/en/news/297140722.md) - [Asante Gold says Bibiani wall slip disrupts mining, output weighted to Q4](https://longbridge.com/en/news/296938141.md) - [Canada's Golconda Gold Q2 revenue falls from Q1 on lower mined ore tonnage](https://longbridge.com/en/news/297318684.md) - [Paradigm Gold Reports on Initial Results from 2026 Exploration Program on the Swift-Katie Property, BC and on Corporate Holdings | NKLXF Stock News](https://longbridge.com/en/news/296782004.md) - [Alkane Resources reports high-grade gold-antimony discovery at Cuffley vein, Costerfield mine](https://longbridge.com/en/news/297223538.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**