NXR 0.00% 2.0¢ nemex resources limited

excellent drilling report, page-4

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 8,602 Posts.
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    Hi (Jazzasax)

    I came across another iron ore company in Guinea this afternoon. They also have some drill results that have one high phos hole.
    Eight holes with Fe levels of between 41.24 and 52.98%Fe
    A reading in one hole of 51%Fe has Si02 of 6.29 - Al203 of 2.79 - Phos 0.659 - S of 0.008 and Ti02 of 0.1.
    The highest Phos reading from the other 7 holes was 0.082.

    Four of the holes were in the mid 30's range for Si02.Thee 10 to 16 with the high Phos at 6.29.

    This was from The Gaoual Project of GIO.
    It is interesting that they have Ironstone up to 57%Fe in an area at 6 to 7.5 mts depth.
    They are saying they have iron ore to 30 mts deep.
    Under the Ironstone they have Saprolite and Diorite to around 30 mts depth.

    Regards
    Westcott.
 
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