HAW 9.84% 5.5¢ hawthorn resources limited

from your post earlier, read the last line?From BBY TodayHAW...

  1. 993 Posts.
    from your post earlier, read the last line?

    From BBY Today

    HAW (SPEC. BUY) - Let's begin with 40m @ 61.2% Fe!

    Hawthorn Resources Limited (HAW, prev Great Gold Mines - GNL) have reported iron ore assay results from the first 5 holes of a 46 hole RC drilling program completed at the Mt Bevan Iron Ore Project, 100km east of Leonora, WA. The best intersection returned 40m @ 61.2% Fe from 48m in MNC005. These initial results form part of one drill line completed on the southern tenement boundary, with four drill lines testing a total 400m of strike length to the north. A total of 25km of prospective Banded Iron Formation (BIF) has been identified at Mt Bevan with an additional 100 RC holes to be drilled over the coming months. We believe significant potential exists on the Mt Bevan project for the discovery and delineation of further direct shipping ore (DSO) as exploration progresses to the north. We look forward to the release of further assays to determine continuity of mineralisation. We change our Buy recommendation to SPECULATIVE BUY.
 
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No. Vol. Price($)
1 47170 5.3¢
 

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Price($) Vol. No.
5.5¢ 30000 1
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