quality prospects and heavyweight neighbours

I have circled Telecom Hill. Good to know the name of this area finally. This is the location of the historic hematite deposit I have mentioned on occasion since late 07. Expect some very high grades to come out of that spot. A good 5KM of strike here, or maybe more.

I have considered this spot significant because:

1) it does contains hematite and hematite/goethite geology (according to 30+ year old rock chips
2) Tenement abuts that of SINO / Midwest. This could mean a shared resource. Midwest has reported high grade rock chip samples 1-2KM south west of GPN (PDY's) tenement.
3) This area is very similar in size to where MMX are mining at Jack Hills.

This deposit was only added to the state geological surveys database in mid 08. Since they there has been a bit more action from players looking for FE.

Those Cliffs tenements were only applied for a matter of weeks ago, so people are only just starting to wake up to this.

We need to have a good honest crack at it....then some luck. No promises can be made but I am personally more than happy to take the risk.

Cheers.