Key points:
o 1.7 to 3 billion tons is only for block 1
o Maximus has huge tenements in the area and Canegrass is just a small section.
I think this is interesting:
"For Block 1 alone (Figure 2), a tonnage to approximately 400 metres depth of between 1.7 and 3.0 billion tonnes of magnetite–bearing gabbro containing an average 20 to 35% magnetite"
Block 1 is roughly 4KM long by about 1.8KM wide.
If you look at figure 2 which shows where they had the gravitic anomalies you'll notice about a quarter of block 2 with similar readings (so maybe 250 MT) plus an unnamed block to the left (maybe 4-500MT) also shown. Figure 2 here:
Maximus has tenements which are roughly 40KM x 70KM:
Could there be more Canegrasses/Windimurras in the area?
Cheers,
Richard.
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