Panning results showing from first drill hole highlighting garnet and Ilmenite fraction.Visual HM intercepted from surface on all drill holes completed on day one of the program.Ilmenite fraction is visible. Benchmark ilmenite pricing US$340 per tonne
✅ Panning results from the first hole showing garnet & Ilmenite!✅ Drilling commenced at Port Gregory Garnet ProjecT
✅ Visual Heavy Mineral (HM) observed from surface (Garnet & Ilmenite)
✅ Initial batch of assay results expected within the month (October)
HVY bordering neighbours $GMA Garnet Mine the largest garnet mine in world has an annual revenue of $54,600,000
$RDG northern neighbours to $HVY $HVY.ax has a 29 year mine life ✅ Project NPV (8%) A$483m✅ Project IRR 48%✅ Total Ore Reserve of 202Mt @ 5.4%HM✅ Total Ore Reserve of contained Heavy Minerals 10.9Mt✅ Total Ore Reserve of contained Garnet 9.3Mt
Ann: Drilling Program Underway with HM from Surface, page-2
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8.6¢ |
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Mkt cap ! $5.415M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 9.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 65040 | 1 |
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| Last trade - 16.12pm 19/07/2024 (20 minute delay) ? |
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