Ann: Encouraging intersections from initial drill, page-4

re: Ann: Encouraging intersections from initi... Take note of the phosphorous levels in the sample drill holes.

Not one sample was under 0.1% except for one at a depth of 23 metres which yielded 3.27% Fe.

"A decision will shortly be made to subject a selection of samples for further testing including Davis Tube analysis and metallurgical testing to assist in understanding the processing which will be necessary to extract the Fe and handle the impurities that may be present"

We know that a grade more than 0.1 per cent phosphorus is enough to turn steel brittle and unusable in some applications if not removed. Currently the only way is to blend in with low phosphorus ores. Not sure how they will achieve that?