The Dampier project looks the goods imo
High grade HM project up to 10%
Wait till they start drilling this one a little later!
?Ranks in top tier of undeveloped Zircon projects
?Exploration Target1 of 450-850Mt @ 5.0 - 10.0% HM for 22.5-85Mt THM (Thunderbird Prospect)
?Mineral assemblage includes 8% Zircon, 2.3% rutile, 6.7% leucoxene and 34.3% ilmenite
?Located 60km west of Derby port
?Ex Rio Tinto project, dropped pre mineral sands price rises and during GFC
?Located on Crown Land (pastoral lease) outside Kimberley Heritage areas
?Exploration Target1 of 450-850Mt @ 5.0-10.0% HM applies to core only of Thunderbird prospect
?Based on 8 drill intersections completed by RIO including: 45m @ 9.85% HM from 3m, 27m @ 7.00% HM from 1.5m, & 27m @ 7.92% HM from 9m
?Drilling and thorium anomaly indicate potential for up to 15km of strike length
?Further potential: Argo prospect
?Drilling planned to commence mid-2012:
The Dampier project looks the goods imoHigh grade HM project up...
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