Previously, an exploration target had been set for magnetite mineralisation of 1 – 1.5 billion tonnes grading between 30% and 40% Fe within the Mt Bevan project area.
Following the results of first stage drilling, the Exploration Target has been raised by 30% to 50% to 1.5 to 2.0 billion tonnes grading 30% to 40% Fe.
Notably, this target is purely from and within the southern part of the Western BIF target zone.
A HIGH GRADE EXPORT PRODUCT TO INDIA, page-2
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