Schuey, I believe BRM started in the north west sector because previous drilling by Hammersley Iron in that area had confirmed there was ore. I think the aeromatic survey was done after they commenced drilling in the NW sector and subsequently used the anomaly characteristics of MG1 to identify other similar anomalies. Drilling does corrolate with the red zones - even RH bore corrolates with yellow/orange zones which are not marked as one of the MG zones. The most recent reconnaisance drilling results had a few holes that found CID which ended in mineralisation. 2 of these holes fall within MG2 and the other seemed to fall close to the southern part of MG6. The 31 holes that they've most recently drilled and which we're waiting results for are plotted on the most recent presentations. These drill holes appear to pick up MG2, MG6 (souther half), the long narrow southern extension of MG3 and the western half of MG4. If the results are similar to those already received for the NW Sector (MG1), then it could be a significant upgrade to the resource estimate for Marillana. However, it may not be an exact science and could result in nothing. In a few weeks we should know.
BRM Price at posting:
0.0¢ Sentiment: None Disclosure: Held
