On the southern margin of the Mt Bevan project, Jupiter Mines Limited yesterday
reported a 2.2 million tonne inferred resource @ 60.6 % Fe, 3.1% Al2O3, 7.7% SiO2,
0.05% P and 2.4% LOI at the Mt Mason project. This inferred resource lies in the
same hematite zone along the margin of the western Banded Iron Formation ridge of
which over 20km strike length lies within the Company’s exploration licence. Notably,
hole MMRC108, which occurs on the southern boundary with the Company’s
tenement recorded one of their best intersections of 18m @ 61.44% Fe which
confirms the deposit thickens to the north.
Guess where GNL's tenement is positioned, yep north of JMS.
GNL
great gold mines nl
