Mazeltov
Why did the video at 3:55 say "Iron Clad's immediate objective is to define enough DSO to enter into an early and low cost production" when they have already defined 60mt?
Why did the IFE announcement of 26th August 2009 state: "IRONCLAD BEGINS DRILLING TO IDENTIFY DIRECT SHIPPING ORE AT WILCHERRY HILL"?
Why did the IFE announcement of 26th August 2009 state:
"The Company has previously announced a JORC compliant
resource of 60 million tonnes of high quality crystalline
magnetite iron ore at Wilcherry Hill (58% in the indicated
category + 42% in the inferred category). This resource, which is very low in contaminants, is generally suitable for low cost beneficiation with concentrate grades likely to exceed 67% Fe and the Company is continuing its work to upgrade it to a saleable product at the lowest cost."?
You seem to be confused between what DSO is and what concentrate is.
Kind regards
Honest V
MazeltovWhy did the video at 3:55 say "Iron Clad's immediate...
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