MBM 3.33% 3.1¢ mobecom limited

targeting upto 2 bill t @ 60+% fe - africa, page-82

  1. 28,706 Posts.
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    hole 8 will be of interest, if it can beat the 36% of hole 6

    with limited results, the grid plot is showing a trend for increased grade in the north-west direction

    the 67% hole is rather encouraging given the relatively thin 20 metre thickness could be just the edge of a high grade deposit

    naturally, the 67% grade is outstanding

    the impurities at 0.089% P and 1.78% Si are also outstanding for this region

    1.78% Si is very low by iron ore standards and 0.089% P is very acceptable by world standards and far better than SDL

    P over 0.15% is generally unacceptable but it is best to have the P under 0.01%

    P of 0.06% is excellent so P of 0.09% is OK

    good luck...all is not yet lost it seems



 
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