So they're looking at drilling HWDD03 deeper as the potential hematite fault zone could indicate high grades beneath.
The implication of these findings is that hematite-rich alteration zones in IOCG systems are more favourable for higher grade Cu-Au-U mineralisation in comparison to magnetite-rich zones. The hematite may occur above the magnetite (e.g., Olympic Dam) or laterally adjacent to the magnetite (e.g., Prominent Hill, Belperio et al., 2007).
Exciting times. Stay patient and await the assay results. DYOR.
So they're looking at drilling HWDD03 deeper as the potential...
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