It's worth reading the BCI presentation today ( thursday) which reveals a bit about the potential issues/options GDA are possibly looking at with the Corunna DSO project to the north of BCI's. Check out slide 8 and 20 in particular.
Looks some chance of GDA having potential for about 10m t of dso at Corunna if the BCI reports represent the style of geology etc up the road. GDA reported excellent (high) CaFe as a result of the high LOI ( good).The additional tenements are mostly towards the BCI project and the FMG mining ops.
I haven't had time to check out the new tenement boundaries in detail but they look pretty valuable asset potential.
The rock chips GDA reported on recently are similar to the resource BCI are reporting nearby. BCI about 20mt.
Small scale, low capex low opex all looks attractive as they head towards feasibility etc.
http://aspect.comsec.com.au/asxdata/20081106/pdf/00900604.pdf
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