An intial assessment of the Resource potential of the drilled grid area ar Barrow Creek 1 has been recieved from the independant Geologists.The company is extremely optimistic with these early favourable results that a major new resource of world class can be established by increasing the drill grid to incorporate an additional 20,000 metres of drilling in the current field season.
The resource area is approximately 3Km x 3.5 Km and has been tested by 371 vertical drill holes which include 23 Air Core holes and 348 RC holes totalling 9666m of drilling. Although most of the resource area has been drilled at 100 by 100 m spacing. The average thickness of mineralisation is 6.5m and the average overburden depth is 14m but ranges from 2m to 43m.The deposit is open to the south,west and east.N No density measurments are yet availiable therefore a bulk density of 1.8t/bcm was used by Hellman & Schofield,the independant geologists who estimated the resource,to determine the tonnage.Diamond drilling is currently underway to obtain density and other important lithological data.
No Direct Shipping Ore resource(+30%P2O5) has yet been estimated due to insuffient infill drilling density.
Yes Zachary,it will be interesting what our intial maiden JORC will contain lanquage wise,one thing Im sure it will contain however,is better grades than these,particulalry DSO grades.
Raider
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