What Potential PDY and AGU may deliver. Remembering lab results are usually higher , this could give us Fe greater than 60%. Note I am not a Geologist but an amateur mathmatician maybe. If we look at the Easting and Northing points on Tenagraph and tie it into Google Earth, the 152 samples appear to have been collected over at least 10 kilometres. They say that the occurence could be 30 metres deep and the diagram shows about 150 metres wide.So what do we have size wise.Hamersly Heamatite around 4.3 tons per cubic metre.We will go low @ 4 Tons/cubic metre
10x1000x30x150= 45000000cubic metres x 4= 180 million Tons of DSO Heametite.This is a guestimate based on limited published results.....but it may show what potential there is ???? With those billions of tons of Fe magnetite how big could this be ?
PDY Price at posting:
2.5¢ Sentiment: None Disclosure: Held