HEM hemisphere resources limited

Hemisphere Resources (HEM)This company has produced outstanding...

  1. 10 Posts.
    Hemisphere Resources (HEM)

    This company has produced outstanding results from its maiden iron ore drilling program in Western Australia. The iron ore deposit has a low strip ratio and is close to existing transport. The area tested indicates a continuous deposit thats more than 800 metres long, 200 metres wide and up to 30 metres thick. It potentially holds more than 10 million tonnes of high grade hematite.
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    Assay results should be on the way in about a fortnight, expecting some good results there. July-Aug should see their next round of drilling occur.
 
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Currently unlisted public company.

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