Yes there is ore, refer to the first assay results. I would have liked a deeper DSO cap, but the holes were open at depth and width. I've read some reports (on this thread) looking at a possible 50mt DSO cap for that target. At depth they have drilled 150m down and were still hitting lower quality FE (that will be mined and processed after the DSO caps are exhausted).
I'm thinking Badondo will also provide good results as it's closer to the SDL formations which held huge DSO and itabirite resources, so hopefully our deposit has similar geology.
From someone who has held SDL for years and followed other IO hopefulls in the area, drilling takes an eternity. Nothing new about that. They started in April with 1 rig, hardly going at an explosive speed. Further drilling from October was going to be done but samples were to be sent back to Perth to be tested, so when you consider freight time, the time it takes the labs to process the results (along with all of the other IO drilling results from the Pilbara), results are received back and then compiled in an announcement, it all adds up. Remember the company is also preparing and in-country lab to reduce time, but the lab needs to be completed first.
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Yes there is ore, refer to the first assay results. I would have...
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