From the RMC Announcment; did they need to use the word "Considerable" twice!! A few clues there. All good.
UMC’s Railway Project is a high quality Marra Mamba style iron ore deposit with
considerable upside and prospectivity which, with the ongoing support and assistance
of CRM and the RMC Group, is poised to become a substantial iron ore producer in
the near to medium term. The UMC Board and management teams are to be
commended for the swift progress made since its identification in October 2007 in
proving up this high grade, low impurity iron ore deposit to a currently reported JORC
compliant global resource of 122.4 million tonnes at 58.3% Fe (including a bedded
high grade DSO portion of 76.1 million tonnes grading 60.2% Fe). Considerable
additional exploration upside remains at this deposit and UMC’s other tenement
holdings in the region.
- Forums
- ASX - By Stock
- UMC
- traders - 2nd act
traders - 2nd act, page-6
Featured News
Add UMC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online