now who says mining preparation hasn't commenced..
The deposit is all at surface, located less than two kilometres from a sealed road that accesses existing rail and port facilities. Watch for the big news coming..
A maiden resource statement of 2mt @ 57% Fe was defined in 2012 which resulted in the Company doubling its overall DSO resource base, including the Livingstone Deposit to 4.4mt @ 57% Fe.
Iron price are @US$104.50/mt === Resources equates to AU$1.5billions ..
now here is some pix to spice up our wait for the official news.
Mining preparation just kicked in!!!
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