Cape Lambert fits the bill according to ProactiveInvestors UK. see: http://www.proactiveinvestors.co.uk/registered/columns/fatprophets/fatprophets047.php
Has anyone any views on Fox Resources update stating that helicopter magnetic survey of its Mt Oscar Project had defined high magnetic anomalies which could possibly yield 50pc to 75pc iron ore.
It mentions that the helicopter magnetic survey shows there is a significant extent of the Cleaverville formation (which hosts the Cape Lambert Iron Ore deposit) within the company's Mt Oscar.
http://www.tradingmarkets.com/.site/news/Stock%20News/708606/
Could Cape have 70pc deposits, I wonder.
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