As well as iron ore in the NT there are other possibilities not...

As well as iron ore in the NT there are other possibilities not to be overlooked.

Between the Tolmer Group sandstones and the granite basement there is a member called the Buckshee Breccia which is a hematitic brecciated formation. Noone knows if this formation is present at Hayes Creek beneath the Tolmer Group which runs the length of the tenement - but interesting enough in other areas it carries phosphate - 5 million tonnes at 10% P2O5 north at an area south of Rum Jungle. "If none would have looked -none would have found" Phosphate is a far more exciting commodity at the moment than uranium.
DYOR