No nextime, GWR is drilling holes, the resource is over 125 Kilometres, without spending many millions of dollars PRIOR to mining, GWR cannot determine the full size of the JORC resource. The drilling and testing to date has demonstrated the following-
50.1 million tonnes 36 million tonnes 33 million tonnes
similar number of cores to test in next 5-6 weeks to 33m tonnes pronounced
Snowdens - IN ADDITION testing C4 tenement and expected to pronounce an upgrade.
What I am saying is if the outcrops contain a certain amount of iron ore and those covered by overburden C4 etc have more iron ore than that ALREADY discovered in drilling outcrop area, it is not unreasonable to assume that there is over 500 million tonnes of iron ore in the total Wiluna tenements.
GWR Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
