700 mill. tone DSO exploration target is massiveNew DSO target...

700 mill. tone DSO exploration target is massive
New DSO target in the Mid West
HIGH GRADE IRON ROCK CHIP RESULTS IDENTIFY NEW “DSO” IRON TARGET IN THE MID WEST
Key Points:
• The Highway iron prospect contains over 1 km of intermittent outcropping BIF and is located in the Mid West Iron Province.
• Initial rock chip sampling has returned assay results ranging from 49.89% to 61.17% Fe, with an average of 56.93% Fe with high grade samples received including:
o 61.17% Fe o 59.78% Fe o 59.7% Fe
As per ann. report I last counted 22 granted tenements in the Mid West


GLOBAL LIBERIAN IRON EXPLORATION TARGET INCREASED TO
465 Mt to 775 Mt grading 20% to 65% Fe and 905 Mt to 1,510 Mt grading 20% to 40% Fe
Highlights include:
• Geophysical modelling establishes substantial iron targets at all of West Peak’s Liberian projects (Bomi South, Grand Bassa, Mount Koklun and Bobo Creek)
• Global hematite itabirite target increased to 465-775 Mt grading 20% to 65% with the potential to provide direct shipping ore “DSO” and/or beneficiated feed ore “BFO”
• Global magnetite itabirite target increased to 905-1,510 Mt grading 20% to 40% Fe with the potential to provide “BFO”
• Project areas 100% West Peak Iron owned
• Projects located close to port, rail and road infrastructure, both existing or historical requiring upgrades or refurbishment to meet iron ore industry requirements.