they know own 20p of mdx and whats the target

andrew tsang 12.80%
rrr 8.65%



now work out how big this could be,do they know more

The magnetic anomalies extend over 17km and range
across 250m on the east limb to 2,000m on the west
limb.
· the aeromagnetic data has also indicated further potential
for hematite mineralisation in an extensive area of
demagnetisation concealed under cover to the north of the
northern fold closure (refer to Target Fe5 on Figure 1 which
follows). Similar demagnetised features associated with
alteration and hematite development have already been
outlined from surface sampling at Targets Fe3 and Fe4.
· preliminary Davis tube work from surface outcrop
samples of the magnetite mineralisation returned
concentrates averaging 68.45% Fe with 1.23% SiO2 and
0.02% Al2O3. This is an encouraging indication for the
potential of the deeper un-oxidised material to generate
a commercial magnetite product. Further Davis tube
work will be carried out once drill samples are available.