MRD 0.00% 0.1¢ mount ridley mines limited

Ann: High Grade Iron Rock Chips at Weld Range, page-2

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    • Fe Assays between 58.2% Fe and 63.2% Fe returned from 21 of 24 samples, from 6 locations; • Geophysical data is being processed to refine drill targets in the highly desirable Wilgie Mia Banded Iron Formation (BIF). A total strike length > 6 kilometres is available for drilling; • Other drill targets will be processed in the Central BIF which exceeds 4 kilometres in length; • Drilling will initially target the Wilgie Mia BIF and statutory approvals are being sought; and • The Madoonga BIF was not sampled during this initial field trip.
 
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