MFE 0.00% 1.0¢ magnetite mines limited

The ASX release yesterday and again today by Giralia is an...

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    The ASX release yesterday and again today by Giralia is an enormous boost to ROY’s iron ore portfolio.
    Giralia’s drilling map attached to their report shows that drill hole RCRW001 ([email protected]%Fe) RCRW003 ([email protected]%Fe). These holes are on the western boundary of ROY claim E52/1604, this area is between Giralia and BHP to the east., there is also a small 300 – 400m wide section that runs between BHP and Giralia to the right of RCRW016 ([email protected]%Fe) and its is noted they have drilled two more holes right on ROY’s boundary which are awaiting assay.
    From initial observation of the drill results the best seem to be right up on ROY boundary.
    ROY I feel has a top iron ore area that will shape up the same as Giralia.
 
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