Sandstone WA Iron – New Iron Sampling Results
Mindax is exploring for iron at Mt Forrest-Bulga Downs in the central Yilgarn area. Reconnaissance rock chip sampling of Mindax’s extensive tenure in the wider area indicates further prospectivity for iron with three new targets identified.
The target areas that have returned Fe values >45%Fe are on
Weiro Bore EL (Ocelot), on Victory Bore EL (Tiger) and Fe on Paradise Well EL (Panther). The three targets are characterised by lateritised iron formation with associated aeromagnetic response.
Tiger (61.51% Fe) and Panther (58.10% Fe) lie 5 km west of Mt Forrest on the Edale lineament. These will be further evaluated in the context of the ongoing Mt Forrest iron program.
Ocelot (61.53% Fe) is 85 km north-west of Mt Forrest, 10 km from the sealed Leinster-Sandstone-Geraldton road and 15km from the previously announced 10 Mile magnetite target.
The reconnaissance program is ongoing and targets such as these will be subjected to more detailed sampling as the program
progresses.
3 more iron ore targets along strike, page-2
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