Iron Ore Exploration Overview:
Greenstone Belt well-endowed with haematite mineralisation - yet it remains
under-explored
Existing iron ore resources and mines in belt have similar geological settings to
Transit’s targets
Five target areas defined to date based on numerous rock chip assays returning
highly encouraging “ore-grade” results
Three targets drilled to date – two targets remain and 20% ground not mapped
Target areas are outside environmentally sensitive areas and Native Title claims
Established team - experienced with local knowledge, delivering results within timeframe and budget.
cheap iron ore company
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