Currently doing approx. 3,000m Diamond Drilling campaign at the Rawang Gadang Iron Ore Project in Sumatra, Indonesia.
"The Rawang Project has produced significant regional geochemical results with consistent grades of around 64%Fe. Composite trench sampling has peaked at 89.25%Fe."
also notice the words "HIGH GRADE MINEABLE OREBODY; "There is significant potential for the Rawang project to host a high grade mineable orebody, as the mineralisation is exposed in 10 east-west trending trenches and exposes multiple stacked sheets of blocky magnetite, roughly dipping in sympathy with the slope. The mineralisation is continuous within the area defined by the trenches."
An off-take agreement has been signed with CKI (China Kingdom International). CKI is one of the leading importers of iron ore in China.
CZR also has other projects - Kunyit Iron Ore Project, Lubuk Gadang Lead Zinc Project and Inderapura Coal project
CZR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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