iron ore past exploration

GDA's Mt Caudan was actually explored briefly way back in the 60's.

Estimated resource of 13-15mt at 60%+ Fe.

Not huge but GDA only has a market cap of just over $10m.

Results should be okay given this past exploration.

Check out the report:

http://geodocs.doir.wa.gov.au/viewer/multipageViewerAction.do?documentId=43223&viewMarkId=0&ct=true&at=none&btv=true&atv=false&vmtv=false&ac=ff0000&cabinetId=1200&pg=0&scl=65&bds=0|0|2520|3528