Geez news.
" Initial mineralogical examination of the heavy mineral suite within the Governor Broome
South East Heavy Mineral Deposit confirms low proportion of Valuable Heavy Minerals
(VHM). This renders the mineralisation for that area as uneconomic.
• The VHM was an assumed percentage for Inferred Resource in the South East area.
The other areas VHM has been based on testing and, accordingly, there should be no
material impact to the results from those areas.
• Despite the exclusion of the South East area, this does not impact on the Governor
Broome North, South, and East Deposits and the Board remains confident that the
overall project remains of economic interest.
• The total tonnes of the Mineral Resources have reduced from approximately 200 million
to 170 million, comprising 30 million of Indicated Resources and 140 million of Inferred
Resources.
• A final report on the South East area is expected in July 2019
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