I bought into this one yesterday and added a few more today - I'm no expert on mineral sands but this discovery does look to be quite high grade with an attractive assemblage including the higher value zircon and rutile. I recall about 20 years ago I held a company called Adelaide Resouces and they discovered a small but very high-grade Zircon deposit in South Australia. It turned out to be quite valuable and Iluka bought the deposit off Adelade Resources.
History may repeat if this new FAL discovery turns out to be a high-quality discovery.
GLTA & DYOR
Ann: High-Grade Mineral Sands Discovery, page-46
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