FEX 2.30% 42.5¢ fenix resources ltd

Found some takers?Expect a release soon regarding next phase of...

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    Found some takers?

    Expect a release soon regarding next phase of drilling;

    "As a result of the drill programs and other exploration work Emergent confirmed its maiden JORC Resource at the project, in July, of 127Mt @ 28.15% Fe (21%Fe cut off). The resource is in the Inferred category. It also confirmed a “Target Mineralisation” of 500Mt-600Mt @ 25-30% Fe at the project and the next phase of drilling (due to commence in late July) will focus on upgrading the JORC Resource plus the Target Mineralisation to 1 billion tonnes of continuing comparable grade Iron to that already reported."
 
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