re: Ann: HAO: Exploration Update - Mt Webber ... This looks the best yet.
.Its high grade by all appearances-direct shipping
.On or very close to the surface-little cost in stripping overburden
.Initial drilling by neighbour gave a very deep orebody-in this eastern side ore 200m av in two holes only. If it is anything like that, thats very, very, good.
.Close to existing rail lines. After the court case those may be usable for apprpriate consideration.
If this is over a few km sq and is good at real depth, it would heading for a billion tons. A hundred million looks a strong possibility already from back of envelope calcs.
How much does iron ore weigh per cu metre? The specific gravity of iron is 5. A cubic metre of water weighs one metric tonne. Of course ore is lghter than that, but my house sits on ironstone. It is very heavy.
re: Ann: HAO: Exploration Update - Mt Webber ... This looks the...
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