resourcestocks mag from gir, page-6

Western Creek Iron Ore Project (Giralia 100%).


Giralia recently announced an initial iron ore resource estimate of 29.4 million tonnes @ 57.6% Fe for Marra Mamba DSO iron ore mineralisation at the Company's 100% owned Western Creek iron ore project, located 10 kilometres west of the town of Newman in the Pilbara Region of Western Australia. BHP's Marra Mamba formation hosted Silver Knight-Golden Flag deposit, drilled between 1989 and 1991 by a BHP/Renison Ltd joint venture, lies immediately north and east of Giralia's ground.

The Company has received full permitting for a further 69 RC holes at Western Creek, which will target extensions to the current 29.4 million tonne JORC resource, particularly in the lightly drilled northern zone.