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The update confirms previous announcements by Gondwana about the...

  1. 3,267 Posts.

    The update confirms previous announcements by Gondwana about the commencement of drilling campaigns at Parker Range and Corunna Downs for gold and DSO iron-ore respectively.
    New info' that is welcome includes a detailed gravity survey instead of an aero magnetic survey which indicates Gondwana is following the lead by Atlas at Pardoo.
    The difference from what I can work out is that the detailed gravity survey advances the identification of the hematite as it is "terrain corrected", which I guess gives a better ability to interpret the data for the direct shipping iron-ore for the drilling targets and is more efficient in the data it provides.
    I'll have a look at the Atlas Pardoo gravity survey for comparisons.
    By the sounds of it, Gondwana appear pretty confident of success.
    http://aspect.comsec.com.au/asxdata/20080815/pdf/00869698.pdf
 
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