At this point we dont know what the grade of Goldsworthy East...

At this point we dont know what the grade of Goldsworthy East will be. The most important thing is that they found outcrop and can map structure which means that gravity target is more than likely a continuation of the surface expression. Weathered chert is not indicative of primary mineralisation, but its extremely encouraging when you can find high grade hematite on surface outcrop, as its obviously not float from the original mine and you are in the zone for a continuation of structure. I imagine Simon Rushton is pushing like hell to get the drill schedule moved up; this is the single best iron ore target in a junior on the ASX at the minute. As a big holder, Im keen to see what the drill results show.