IRD iron road limited
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Ann: CEIP - Stage VI Drilling Programme Commences, page-2

  1. fluffynymph
    56,872 Posts.
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    30/03/11
    11:47
    Post #: 8185528
    re: Ann: CEIP - Stage VI Drilling Programme C... PFS underway.

    Drilling programme comprises 66 RC/Diamond drill holes totalling over 25,000m.

    Exploration target of 500 ? 800Mt magnetite gneiss.

    Current mineral resource stands at 1.23Bt of which 907Mt is at Murphy South.

    Drilling will initially utilise one RC rig for pre-collars and two diamond rigs for NQ2 diamond tails.

    *Iron head grades are expected to be similar to those previously reported for Murphy South.
    IRD Price at posting: $1.09 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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