GDA good drinks australia ltd

a slide presentation today from caz about their projects which...

  1. 3,267 Posts.
    a slide presentation today from caz about their projects which include the jv Gondwana has with CAZ at Parker range for iron ore

    http://aspect.comsec.com.au/asxdata/20080912/pdf/00879732.pdf


    "Large tenure > 250 sq. km, 15km enriched banded iron formation discovered
    -First drilling targeted a 2.2 kilometre outcropping zone of mineralisation
    -Over 2.5km of strike drilled to date with results including 51m @ 58.8% Fe, 45m @ 58.7% Fe, 35m @ 59.0% Fe, 21m @
    61.1% Fe and 58m @ 56.1% Fe
    -Ongoing Diamond drilling underway
    -MoU with Esperance Port Authority, discussions underway on rail access
    -Initial resource calculation due in Q4 2008
    -Development options being assessed"
 
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