Interesting snbc have started their due diligence so promptly.....
102Mt of iron ore @ 53%+ Fe proved up by American Steel in 1968 and opinion there was scope for increasing resource....
On a 2 for 1 feed basis with 1 part from Balmoral tenements to produce 60% sinter iron ore feed to produce 15.5Mt pa, they would need to increase Cane River to over 200Mt for proposed mine life in excess of 20 years.....reputedly largest undeveloped iron ore deposit on the planet!
!!! driling commences cane river project !!!
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