re: Ann: Cockabidnie Hematite Sample Results ... Another possible hematite resource and with low impurities. Ideal for direct shipping ore. Mix it with the higher impurity hematite from Wilgerup and average up the selling price. This will increase the number of parties interested in a hematite JV. The gravity survey will tell us how wide and long the hematite extends. Then we wait for the drilling.
I doubt that the hematite revenue will ever match the size of the magnetite revenue, but it's still revenue.
If Centrex continues with their track record, there will be more drilling, more resources, more JVs and then more drilling. They have some large long term projects with potential for large long term revenues.
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