Sure, it is looking a tad deep on downdip, both in the westerly & southerly direction
But these are the first holes in the first deposit
plus there is 20km of strike
however, for 100+m thicknesses, i do not consider 60m of overburden that much
most magnetite deposits have a fair amount of overburden
GBG = 65m but they have 150+ thicknesses
GRR is extremely deep in places
CAP is 100m deep but their thickness are 300m
CFE sold their deposit and their depths were up to 200m despite their thicknesses being nothing extraordinary
depth can be can issue, the reason is sold out of ACS
the ACS depths are 100m to 200m depth
but ACS believe their deposit is saleable
for magnetite the quality of the ore seems important in relation to the processing costs so AHN say they have the highest quality
very early days, at this stage
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