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
Orlando than you for referring this to me. TRH mentions "All...
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