re: Ann: Drillhole Completed at Aphrodite IOC...
"The UDR 1000 multi-purpose drill rig will now be relocated to the Mutooroo ironstones project southwest of Broken Hill where several sedimentary horizons exhibiting highly magnetic response are to be drill tested for magnetite mineralisation."
This Mutooroo province seems to host a huge amount of magnetite spread over half a dozen other compaies leases.
What is the likelihood that it will be mined by a consortium of these companies?
MEP Price at posting:
27.0¢ Sentiment: LT Buy Disclosure: Held