There have been further upgrades to the Gondwana website.More...

There have been further upgrades to the Gondwana website.
More images and a reference to seeking out new tenements in the Pilbara :-)

Apart from the good near term prospects of the two east Pilbara tenements announced last week, the end of this year should see some news of progress on approvals and explorations plans at the northern Pilbara tenement at Wallal Downs.
It's interesting having shares in FMS and MXR as well as the holdings I have in GDA and comparing the size and features of each companies tenements and potential. One of the potentially outstanding tenements that has a good appearance is GDA's land near BHP's Goldsworthy and Brumby's northern Pilbara iron-ore territory

From the new website....
http://www.gondwanaresources.com/pilbara.html

Application

In November 2007, Gondwana agreed to purchase, subject to meeting certain conditions, the Wallal Downs prospect located 180km east of Port Hedland. The prospect is covered by exploration licence application E45/3139. Access and infrastructure are considered excellent with the coastal highway located immediately south of the license area.

Regional gravity and magnetic data indicates a significant anomaly extending ENE for 25 km of strike length within the application area. This anomaly may coincide with either a strongly magnetic mafic intrusion similar to the host units at Radio Hill (Fox Resources) with the potential to host nickel, copper and platinum group elements or at Balla Balla (Aurox Resources), with the potential for iron, vanadium and titanium. Importantly, anomalism may also relate to a near-surface extension of the Nimingarra banded iron formation, host to haematite iron ore mineralisation at Pardoo (Atlas Iron) and Yarrie/Goldsworthy (BHP). The ground is contiguous with Brumby Resources iron targets to the immediate WSW.

The coastal area is covered by sediments of the Canning Basin and has never been effectively explored. It is anticipated that detailed ground geophysics will be carried out in the period after grant of the licence with a view to providing drill targets.

The vendor, Ausprey Resources Pty Ltd, retains a 1.25% gross Net Smelter Royalty on the production of all minerals on the tenement.