HIO hawsons iron ltd
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Ann: Confirmation and definition drilling program update, page-2

  1. Mas37
    1,263 Posts.
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    18/12/23
    10:29
    Post #: 71501980
    This is massive update imo..

    Oct 2023 ann - total 21 holes in Fold and Limb Region (marked yellow) combined as shown below ..
    https://hotcopper.com.au/data/attachments/5827/5827684-69c24529137f81f1254409426d76f949.jpg

    Dec 2023 ann - All 20 RC holes and 2 Diamond holes are planned only for the Fold Region as it has more shallow iron ore..

    https://hotcopper.com.au/data/attachments/5827/5827698-24ffa508c1835b58f00451b44c637144.jpg
    This will massively boost the indicated and inferred resource base for the main mining pit shell.

    Also, are they now planning for 12 mtpa instead of 11 mtpa ( see the legend above)..?


    The size of the main pit with a dark black line border is quite bigger compared to the previous one..
    Last edited by Mas37: 18/12/23
    HIO Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
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