Well this wasn't on the newsflow/list of announcements to come list!!!
Illaara:
- previously owned and explored by US$2.26B market cap iron ore miner, who exited when iron prices fell
- Newmont, US$53B market cap/world's biggest gold miner, took over and explored for gold
- now DRE has the project and both iron ore and gold prices are flying
- and now $5B market cap Mineral Resources with 7 iron ore operation surrounding DRE's Illaara (and others) are enquiring into DRE's high-grade iron ore!
DRE has engaged a commercial, logistics and operational expert in iron ore to help drive a path forward for iron ore at Illaara.
See what/how much we get for the iron ore.
Cheers,
GB.
Ann: High-grade Iron Ore - Illaara Gold-VMS Project, page-20
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