310m depth of ironore in mnd1 for maximus

A 310 metre depth of magnetite in today's announcement, not bad compared to most other companies into iron-ore despite what the "no stock held" posters will try and down ramp.
310m is 310m.
If drill hole MND3 intersects the zone 2 (pink)and 3 (yellow) magnetite gabbro as forecast in figure 2, and it continues with a width of 310m and we don't include any of zone 4 (the light blue) in volumetric calculations of magnetite , block 1 which was drilled to identify a cross section, we know there is magnetite with high content at the bottom of hole MND1, and if it extends through on the incline as illustrated to the bottom of hole MND3, it might extend a kilometre to the south from the bottom of MND3 (zone 2), and reach near surface and represent a length between the bottom of hole MND1 of 2,000m in length to the surface. The cross section runs north- south and the scale in figure 1 shows an interpretation of a surface area of zone 2 and 3 ( the yellow and pink) of about 2km by 2km. Depending on how much depth of the zone 4 (light blue) is removed to gain access to the zone 2 and 3 magnetic zones, we have a potential resource of about 2000m width by 1600m length by 310m depth.
That is 992,000,000 cubic metres.
That's on block 1 only.
That's without including extensions to the resource which we know occur through previous drilling ( MXR:asx news 29 May08).

That's without including the resource extension to the north from hole MND1 ( but I suspect the resource is too deep to be mined to the north of hole MND1).
Block 2 and 3 appear to each have a larger area of near surface magnetic zones 2 and 3 than block 1 (fig 1).
Blocks 1 through 5 make up the Canegrass Magnetite Zone which is about 20km long and 4km wide.
I look forward to the initial Inferred Resource estimate in about 3 months.