“The high ratio of Magnetite to Hematite in both the shallow DSO and deeper primary Magnetite mineralisation makes magnetic surveys combined with chip sampling powerful pre-drill exploration tools.”
Huge result, that magnetic banding looks prime for a long life shallow mine. Yes we need to drill but the correlation from rock chip + magnetic to drilling results is high. We could be looking at 3x plus for all of the resource estimates/targets we had for Bekisopa. I’m sure the potential strategic investors are paying even closer attention now.
Ann: 10km Magnetic Strike at Satrokala Iron Ore Project, page-12
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