MIS midwest corporation limited

broken out on no news

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    For those that are unaware of MIS:

    We have a substantial breakout on no news.

    Remember they are explorers as well as producers:

    Midwest identifies more high-grade iron at Weld Range
    11:04, Tuesday, 26 September 2006

    Sydney - Tuesday - Sep 26: (RWE Australian Business News) -
    Midwest Corporation Ltd (ASX code: MIS) has identified additional
    high-grade massive-style iron mineralisation in the Beebyn area of its
    Weld Range Iron Ore Project, which forms part of a joint venture with
    Sinosteel Corporation.
    Midwest has completed 63 reverse circulation (RC) drillholes for
    7990 metres to date at Weld Range.
    Drilling commenced on the Beebyn area and has progressed
    westward through the project leases.
    Results from the initial exploration drilling at Beebyn returned
    to date are "highly encouraging" and confirm the existence of extensive
    hematite and hematite goethite zones with high-grade iron assays at
    significant depths below surface outcropping hematite.
    High-grade massive-style iron mineralisation in the Beebyn area
    intersected to date includes 53m at 65.2% iron from 90m, 53m at 66.9%
    iron from 112m, 64m at 62.9% iron from 58m, 70m at 63.0% iron from 70m,
    62m at 62.3% iron from 60m and 64m at 64.5% iron from 104m.
    The results are based on a cut-off grade of 57% iron and
    represent down-hole lengths.

    http://www.midwestcorp.com.au

    Joint Infrastructure Feasibility Announcement in July:

    http://sa.iguana2.com/cache/29d38fae465b34...-MIS-327676.pdf

    From Explorer to Producer in September:

    http://sa.iguana2.com/cache/b41395870dedeb...-MIS-334176.pdf

    Investor Presentation:

    http://sa.iguana2.com/cache/da3155fb968677...-MIS-335435.pdf

 
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Currently unlisted public company.

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