re: Ann: Peak Hill Iron JV - Magnetite Explor... It is my understanding from the current announcement (magnetite resource target) is it only relates to magnetite ore, this target estimate is from the magnetics from the geophysical studies conducted by the company.
In the announcement when they released the iron ore drill hole results from Telecom Hill (22/09/2009) is states the results as being DSO iron ore (over 57%) with Hematite iron ore.
So what I take from these announcements is they have a massive amount of magnetite iron ore along with DSO Hematite iron ore. They are unable to estimate the quanity for this type of iron at this stage. More field work may be required to obtain this Hematite.
At the end of the day, great announcement with more to come over time.
Well done guys........
- Forums
- ASX - By Stock
- AGU
- Ann: Peak Hill Iron JV - Magnetite Exploration Ta
-
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGU (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online