The company has commenced drilling at Hicks Prospect on the
Caltowie project in South Aust,targeting a large tonnage and high grade iron deposit or base metals.Two to three week program.Good results and this will fly.
News by the company dated 10 Dec 08 states that the Caltowie project
reveals Strong iron ore potential with large magnetic anomalies within 5km
of a major railway line with conceptual targets of up to 200mill/t@60 %+iron.The open cut known as HIcks Quarry was worked by BHP from 1896 to 1902 and approx 70,000 t@61% was mined.Not getting to excited but with the right results here things could turn very quickly.Good time to be getting set in my opinion .....
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