GDA good drinks australia ltd
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maiden mt caudan iron resource

  1. fatstocks
    3,267 Posts.
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    20/11/08
    15:22
    Post #: 4519532
    good to have gda's first iron ore resource on the books to add to the gold resource at parker range....

    from the joint venture announcement with CAZ today....

    • 19mt Inferred Mineral Resource:
    15.5mt @ 57.5% Fe contained in Banded Iron Formation
    3.5mt @ 51.5% Fe contained in Canga and Detritals
    • Low impurity ore suitable for DSO operation
    • Excellent potential to further increase resources
    Open in all directions
    Only 2.6km from 16km of BIF drilled
    GDA Price at posting: 1.9¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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