IBG 0.00% 0.3¢ ironbark zinc ltd

Ann: Becoming a substantial holder , page-14

  1. 3,662 Posts.
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    Let's have a look 2 announcements:
    First one was released on 28 Jan 2010:
    http://www.hotcopper.com.au/asx_announcements.asp?id=141632
    Target of 302Mt to 347Mt @ 4.4 to 5.0% zinc + lead for a combined total of up to 36 billion pounds of zinc and lead metal (at a 2% zinc cutoff)

    The other was release on 21 Sep 2010:
    http://www.hotcopper.com.au/asx_announcements.asp?id=209087
    The previous estimates of a target resource as released to the ASX on 28 January 2010 may be upgraded substantially with the final scale of the extent of the Citronen
    mineralisation unknown at this time. Further drilling will be required to define any higher grade mineralisation that typically lies within the broader mineralised envelopes as
    identified within Citronen.

    If they got enough data, I think we may have 350Mt to 400Mt at this stage.




 
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