18m at >65% FE is very good. It was over 6 holes. They have drilled 24 Holes, so the combination of other holes, does need to be in this similar range to provide the best change for a good sized JORC.
If you compare this to BCI back in 2008 announcements, they drilled like 142 holes and had many significant results like 17m at 58%, 19m @ 57%, 24 m @ 57@, 22m @ 57%. BCI ended up with a massive resource. This one will be smaller by comparison, but hopefully they get some more good results on these remaining 18 holes.
61.5% Fe delivered to feed plant...and potential copper mineralisation, page-46
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