Dynasty believes that the Spearhole Detrital Channel Iron Resource at Prairie Downs has a reasonable probability of proving to be economic to mine and beneficiate due to: - Mining costs likely to be low due to: - Low to negligible strip (waste to ore) ratio: - Economies of scale (>15 Mtpa operation); and - Free digging ? relatively soft, unconsolidated deposit ? ?drill, blast, pre-crush & grind? will not be required.
DMA Price at posting:
16.0¢ Sentiment: None Disclosure: Not Held