Orlando than you for referring this to me.
TRH mentions "All assays to date compare favourably to Portman
Mining’s published resource grades for the
Koolyanobbing Project of 61.9% Fe, 2.4% Si02,
1.0% Al203, 0.11% P and 6.9% LOI"
I was not aware the P levels were so high for Portman but obviously they have a market for the ore. P levels for TRH look to be lower than PMM thats good
If TRH has a 2.5 km strike and lets guess its 100 metres wide thats 250,000 square metre footprint.
Say the drill hits an average of a 20 metre band of iron
then you have around 5 million cubic metres or guessing 13 Million tons of ore
I wonder why they are waiting untill 08 to take gravity readings I would have thought they would be doing those right away given theoreticly they already have a large enough resource to be economicly mined, and the readings would indicate best areas to drill
Of course they may hit 7 metre width of ore average in which case in my opinion its worthless to dig due to dilution. There are a lot of ifs but the cap is low
good luck
my opinion is worth as much as you paid for it
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