Ann: Assay Results tp to 64.6% Fe , page-4

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  1. 9,074 Posts.
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    The results are promising. The fact that there were some rock chip samples that are high grade means there is 'Potential' for a high grade deposit.

    Real drilling is needed before we can get excited.

    Rock chip sampling consists of walking around and going "Wow that bit of rock looks like it has a high content of FE, I am going to sample it"
    (For those that arent familiar; you can tell the difference just by looking at it, the real good stuff is blue/grey. You can even see bits in the picture on the announcement)

    They should know where they want to drill now, and are a step closer.

    I will continue to hold and look to accumulate more when the price is right

    Good luck all
 
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