Resource today is typical of the hematite pockets found by GBG along that strike but much thicker at places, however most thick running into the 100% GBG tenament.
Conservatively, 800m long x 40 metres wide x 25 metres think = 2.4 million tonnes of high grade iron ore.
There appears scope for much more at Shine plus the other two at Gap and Lister.
If these three pockets can JORC 12 million tonnes, with 4 to 5 million tonnes to ROY, that is OK for a company asset.
Plus uranium plus Pilbara.
GBG have proved up around 27M tonnes from around 8 hematite projects in their 100% tenaments in the area.
I would not get carried away with Warriedar. It is the same as the GBG hematite, although as I said, much thicker in places.
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