FORTESCUE ANNOUNCES MASSIVE NEW IRON ORE DISCOVERY
1 BILLION TONNES IN THE CENTRAL PILBARA
"""Fortescue Metals Group Ltd (“Fortescue�) is pleased to announce an estimate of Inferred Resources of iron ore totalling in excess of 1 billion tonnes (Bt) for the Serenity area comprising the western one-third of its Solomon Project area (see appendix 1).
A total of 1,014 Bt averaging 56% Fe has been defined as an Inferred Resource in accordance with the JORC Code. Within this deposit Fortescue has defined 337 million tonnes (Mt) of channel iron deposit averaging 56.7% Fe.
Fortescue is continuing to drill equally prospective targets in the eastern portion of the Solomon Project area and expects to announce additional resources in that area before Christmas. Serenity is located about 60 kilometres north-northwest of Tom Price in the Pilbara region of Western Australia.""
SERVES TO PROVE THERE IS PLENTY OF FE TO GO AROUND AT TOM PRICE AND IN THE PILBARA!!
RAKS, CAN YOU LOAD UP A MAP ON HC TO SHOW PROXIMITY OF THIS FIND TO TLM!
Thanks in advance!
:)
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