LCY 12.5% 1.8¢ legacy iron ore limited

stage 2 drilling shows outstanding results, page-5

  1. 388 Posts.
    only had a quick look the actual JORC inferred resource is still being modeled and calculated and is due by the end of january. However it seems that it will be the vicinity of 1.5-2.0Bt with grading of 30-40% compared to the previous JORC of 617Mt @ 32.1%. The mineralization was also tested to be soft and high in purity resulting in low grinding and operating costs. All of these are extremely positive and will contribute to an impressive BFS in due time.
 
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