Hey Guys
Again, it is important to read between the lines with announcements made by miners when it comes to exploration!
Now that the Sundance board has achieved their goal to increase the percentage of their DSO Hematite to 86% JORC Indicated Status for the DFS.
It looks like the statement below by Mr Casello is now focusing on a total Nebeba DSO Hematite increase! Remember the previous posts on HC about their last announcement stating that their strike length for Nebeba increased from 1-2km to 3km! :)
Get set for a significant resource upgrade in 2-3 months time, just in time for the Finance and Offtakes!
"A decision will be made later in 2011 as to whether Itabirite Resources at Nabeba should be targeted, but for now the focus is on exploration for additional high-grade DSO-style mineralisation.............."
Read more: http://www.benzinga.com/news/11/03/931829/major-resource-upgrade-for-sundance-resources-limited-asx-sdl-mbalam-iron-ore-proj#ixzz1GqIDjmgp
GO SDL!
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