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Thought some of you guys may be interested in this from wikepedia:

"The total recoverable reserves of iron ore in India are about 9,602 million tones of hematite and 3,408 million tones of magnetite.."

And these links:

This is a link with info about an IO mine near chitradurga. Similar area as CFR are entering.

http://www.tml.co.in/geology.htm#3

This link is several mines in India. About half way down is a photo of a mine near Chitradurga.

http://www.sesagoa.com/aboutsg.htm

The 12 million tons referred to in the CFR Report imo was only quoted because it was a reference source to HISTORICAL activity. If you read the report it is NEIGHBORING leases which are (currently?) mining 64%fe. That suggests reference to these kind of current mining operations as seen in the links.

Cheers