That's interesting.
Figure 1 from GBZ's release shows HAV's new iron ore tenement in relation to Grants.
Source: Post #: 69215725
Grants is an iron ore deposit with a JORC Inferred resource of 304 million tonnes of 24% Fe. Grants Basin has an Exploration Target of 3.5-3.8 billion tonnes of 24-28% Fe.
Source: Grants | Havilah Resources | Mining | South Australia (havilah-resources-projects.com)
The consolidation of these tenements could potentially give BHP something to consider over and above the Kalkaroo Option. Maybe HAV could approach the head of BHP's iron ore division to gauge BHP's interest in drilling these prospects? Ideally this could be done concurrently with the Kalkaroo / Strategic Alliance work program. Who knows where this could lead, maybe even a takeover of HAV?
DYOR
Ann: Acquisition of Iron Ore Tenement, page-7
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