PLV 0.00% 1.2¢ pluton resources limited

Ok, so I thought that DSO was typically classed as an IO...

  1. 1,600 Posts.
    Ok, so I thought that DSO was typically classed as an IO resource with >60% Fe. But, I was just looking at this news item for BC Iron:

    http://www.miningweekly.com/article/bc-iron-raises-a184m-for-wa-iron-ore-jv-project-2010-11-11

    which reads

    "The Nullagine project currently hosts a direct shipping ore (DSO) reserve of 36-million tons at 56,9% iron within a DSO resource of 50,7-million tons at 57% iron and an overall channel iron deposit resource of 89,1-million tons at 54,1% iron."

    On Irvine, we had intersections at 61.2%, 58.7% and 56.7% Fe. So, at the grades that BC Iron is using to define their DSO resource, isn't our first drill hole showing DSO? Comments please! :-)

 
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