cape lambert fits the bill, page-2

Karmor,

At times I have thought that some comparisons should be made between Mt Oscar and Cape Lambert since both have flown aeromagnetics, etc. You are asking the right questions. The diagram for Mt Oscar misses out the critical region! FXR sometimes recycles old information if special meetings (AGM?) are in the offing. The term "50 to 75% iron ore" is somewhat ambiguous. You cannot get grades higher than 70% because the balance is oxide, and even that presupposes that there are no impurities of any kind (hardly likely!). It could mean that 50-75% of the area of the survey contains some iron ore.

We already know that Cape Lambert has a grade of 32% magnetite in the Central Target Area. Magnetites are nearly always lower grade. FXR's ann is not very clear. I probably haven't helped you greatly.

Juke