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The Glenaladale deposit is one of the biggest mineral sands deposits in the world, with a JORC (Joint Ore Reserves Committee) resource of 2.7Bt of heavy mineral. It is located about 250km east of Melbourne. The Fingerboards Mineral Sands Project focuses on a high-grade area of the Glenaladale ore body in the Eastern part of the deposit about 20km northwest of Bairnsdale. Kalbar proposes to extract 170Mt of ore to produce around 8Mt of heavy mineral concentrate (HMC) over 20 years. Heavy mineral concentrate is the valuable heavy mineral that has been extracted from the ore but not yet been processed into final mineral products.

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