MMX 0.00% 4.7¢ murchison metals ltd

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    http://www.proactiveinvestors.com.au/companies/news/17410/pepinnini-minerals-kicks-off-drilling-at-robinson-range-iron-ore-project-17410.html

    PepinNini Minerals kicks off drilling at Robinson Range Iron Ore Project
    Monday, June 27, 2011 PepinNini Minerals (ASX: SHH) will commence an extensive drilling program of about 100 reverse circulation (RC) boreholes this week within the seven tenements comprising the Robinson Range Project.

    The drilling program at the project, located in the Midwest region of Western Australia, is designed to investigate potential iron ore resources including direct shipping ore (DSO) at eleven prospect areas located amongst the 40 kilometres strike length of Robinson Range Formation.

    The project is located 850 kilometres north of Perth and 550 kilometres north east of the planned Oakajee Port and Rail development near Geraldton.

    The region has emerged as Western Australia?s next major iron ore province (second to the Pilbara) and holds considerable potential for the discovery of both iron-ore and manganese deposits.

    The demand for iron ore, particularly from China over the last 5-10 years has led to an increased search for such deposits outside of the Pilbara region.

    The Robinson Range Formation includes banded iron and granular iron formation units which outcrop variably within the tenements. The prospective iron ore areas contain supergene enriched Hematite and Hematite-Goethite mineralisation which form the primary targets for drill testing.

    Previous surface sampling revealed rock chip results of up to a maximum of 67.3% iron (Fe), with all areas sampled returning some values in excess of 60% Fe.

    The Robinson Range Project comprises seven tenements that cover about 700 square kilometres.

    PepinNini Minerals has a 50% interest in the iron ore contained within three tenements and a 40% interest in the iron ore contained within the other four tenements.

    Joint Venture Agreements have been executed to facilitate the exploration and development of the iron ore potential of the tenements. PepinNini manages exploration on behalf of the Joint Venture partners.

    The company is well funded and expects the drilling program will take about eight weeks to complete.
 
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