TAW 0.00% 31.0¢ tawana resources nl

Ann: Successful Capital Raising Completed , page-15

  1. 13,753 Posts.
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    Indeed WPI have results pending from recent drilling for iron ore in Liberia.

    However not one for the day trader!!!

    Bomi South Project:
    ? Recent field activities on the western side of the tenement indicate the potential for blind DSO magnetite deposits with high grade rock chip samples collected from float returning iron grades of up to 66% Fe.
    ? Further hematite rich capping has been identified with rock chip samples grading up to 59% Fe indicating the potential for a DSO product.
    ? Additional outcropping soft coarse grained magnetite bearing iron formations have been identified with the potential for low cost beneficiation to a high grade product.
    ? Following the completion of the rock chip sample program, a follow up program inclusive of pitting, trenching and hand auger drilling has commenced on high priority areas, with results expected in 4-6 weeks.
    ? Accessible by sealed road to Monrovia and the historic railway corridors of Bong and Bomi mines.
 
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