Iron Ore Project Update - New Discovery HIGHLIGHTS • United Minerals Corporation NL (UMC) has discovered a new iron ore prospect at it’s Pilbara Iron Ore project area. The prospect has been named Jocelyn and it is in close proximity to existing rail infrastructure (owned by third parties). • Jocelyn has outcropping high grade iron ore mineralisation (plus 60% Fe) within Marra Mamba Formation rocks. This discovery also increases the prospectivity for hidden mineralisation plunging under cover to the East. These eastern areas are covered and masked by recent alluvium but are highly prospective for ‘Area C’ type Marra Mamba iron ore mineralisation • These outcropping areas of mineralisation and the associated hidden targets to the east are now due to be included in the upcoming drilling campaign later this month.
Told to all I'm gunna set up Camp on the Hill
UMC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
