JORC for Mariposa and Mirador is well worth the wait.
The resource estimate for Santa Barbara at 89 million tonnes, only factors in Japonesa and Japonesita at present.
Mariposa and Mirador mine tenements are around 20 odd hectares each from memory. If you refer to the mine figures in the recent ADY presentation, it's not hard to conclude this coming JORC could effectively double the resource estimate in one hit for the Iron Ore side of the ADY business.
Any way you look at it, ADY is about to announce it has a lot more Iron Ore than the market is currently aware, and that adds significant value to ADY as an investment.
JORC for Mariposa and Mirador is well worth the wait. The...
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Mkt cap ! $15.77M | |||
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