BEYONDIE IRON PROJECT
E52/2215 (EMG- 80% Iron Ore, Vanadium and Manganese EMG)
The Beyondie Iron Project is located adjacent to the Great Northern Highway and Goldfields Gas Pipeline in the northern part of Western Australia’s mid-west iron ore precinct.
The Company previously dilineated an Exploration Target of 3.7 to 4.2 billion tonnes grading 27.0 to 28.5% Fe on tenement E52/2215. The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insuffieicent exploration to define a Mineral Resource, and it is uncertain if further exploration will result in determination of a mineral resource.
EMG: seems they must have spent a few bucks on it... probably not worth anything... how ever we probably received the lease back more valuable then we contracted out for... would have been better if EMG developed it and we received some royalty from it... to be honest I didn't even know we owned it... lol. Probably more out there I don't know about.
http://www.emergentresources.com.au/projects
Ann: EMG: Disposal of Main Undertaking, page-2
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