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Thanks Westcott,

I was also hoping that the large mountain just north of the proposed transport coridor (topographical map on the previous page) fell into that tenement. Could hopefully have similar composition with high Fe cap and itibirite base to exisiting tenements. If the tenements are to be granted it will be very exciting to see what the aeromagnetic survey looks like on both blocks. I remember in a previous statement that they had hired someone to search for other prospective tenements and this is no doubt a result of that initiative. Who knows we may well be looking at north of 10 billion tons in time.

Best regards

PS: AFR yesterday had a table of the USD value per tonne of in ground resource of a large majority of iron ore stocks, FMG was near the top with a value of $4 USD per ton and SDL 3rd from the bottom of the table with 30 US cents per ton. Lots of room for upside. Mount Gibson was the top with around $12 I think.