Yes Heron12, potential is there for additional tons considering the significant intervals of siderite (FeCO3) achieving intercepts of up to 60 metres thickness is not included.And yes it is better to b on the conservative side the up side is looking very good for meu ,i think we will see a acceleration of this project.imo
Additional information was obtained from previous exploration conducted on the project by Western Mining Corporation (WMC) and other companies. Drilling completed by WMC intercepted significant intervals of massive hematite and siliceous and limonitic ironstone. Intervals of hematite of up to 30 metres were complemented by significant intervals of siderite (FeCO3) achieving intercepts of up to 60 metres thickness.
MEU Price at posting:
6.7¢ Sentiment: LT Buy Disclosure: Held
