High-Grade Itabirite Mineralisation Intersected at Gofolo Main Prospect
HIGHLIGHTS • Resource drilling at Gofolo Main prospect, part of Mofe Creek Project, confirms significant intersections of High-Grade, coarse itabirite mineralisation from surface • Gofolo Main strike continuity extended by an additional 125% from 0.8Km to 1.8Km, whilst mineralisation width has increased by an additional 50m in the central portion of prospect • Significant drilling intersections reported including: o 18m @ 48.8% Fe from 2m o 46m @ 40.4% Fe from surface o 50m @ 31% Fe from surface • Gofolo Main prospect only represents a strike length of 1.8Km from a prospective strike length of 65Kms for the Mofe Creek Project • Excellent geological continuity observed between previous and newly drilled holes • Resource drilling underway at high-priority Zaway prospect and metallurgical diamond drilling to commence shortly • Potential high-grade friable itabirite intersected at Gofolo NE and significant widths observed at Zaway; assays pending • Scoping Study to be completed by mid-2014
TAW Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held