DMM 0.00% 5.8¢ dmc mining limited.

research, page-10

  1. 315 Posts.
    DMM commented in their release that they are 20-30km from railway line so, given that the mines are all to the west and only about 10km from the railway, this suggests their licence maybe in the vicinity of Ngoubou-Ngoubou or the 777m altitude.

    The bottom para of page 96 and top para of page 97 - using my limited french - also suggests - as per the page 94 map - that there is remarkable alignment of the Mbuyo mine with the two 806m mountain summits (suggesting that the presence of iron could be continuous across at least a (30km*10km) 300km2 area).

    I guess what the article does confirm though is there is iron across a wide area (at least (25*25km) 625km2) and the Mexivada comments about banded iron on their site suggests the area is much larger than this. So irrespective of where the DMM licence is, the presence of decent amounts of iron on their site makes sense.

    Also, Mexivada commented about the iron being at surface - including one photo confirming this - and the presence of old iron mines in the area provides further confirmation of this.

    So IMO this all provides further assurance regarding the Romanian drilling comments - that we have a potentially very large amount of iron on their site and probably at/near surface.

 
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