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re: Ann: CEIP - Hambidge - Completion of Stag... Handy but we're...

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  1. fluffynymph
    53,839 Posts.
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    29/11/11
    14:52
    Post #: 9360529
    re: Ann: CEIP - Hambidge - Completion of Stag... Handy but we're still waiting on an updated JORC from Murphy South (West).

    Sydney - Tuesday - November 29: (RWE Aust Business News) - Iron
    Road (ASX:IRD) has completed Stage 1V of the drilling at the Central Eyre
    iron project, South Australia, and estimated the exploration target for
    Hambidge.
    A total of four traverses of 12 hole was completed for 5,412
    metres with intersections of continuous magnetite gneiss up to 200m in
    apparent thickness.
    An exploration target of 800mt-1,000mt with a grade of 15-18pc
    iron has been estimated for Hambidge.
    IRD Price at posting: 65.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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