brantley and medwar, Maximus published another image of the magnetics of the entire area of the MXR tenements which show two other circled areas in addition to the canegrass precinct. There is a third which was shepherds but from memory the company indicated it didn't hold potential. The other two look look similar to canegrass from an aero magnetic image perspective. The image has been in the MXR threads about 3 or 4 weeks ago. With the conservative iron-ore estimates in canegrass, the total tenement holding has more potential than meets the eye I think. It's also worth remembering that we are talking about just iron-ore at this point in time and going back through the previous company announcements, there are numerous other minerals which will sooner or later be targeted.
MXR Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
