Jorc by the end of March?...highly doubtful.
Need considerable drilling and tight spacings to get a jorc, even to get an inferred category with the type of ore they are dealing with here.
Based on latest results for this program, a couple of mill tonnes at DSO grade if you are lucky and as much iron stone as you like (essentially worth zilch, FE grade 50% below, heaps of silica...as the name suggest "Iron" "Stone"..bit of iron bit of sand, to expensive to seperate) IMO.
They'd be better off saving $'s and resources and can this current area and hold out for permits on other targets IMO.
cheers.
Jorc by the end of March?...highly doubtful.Need considerable...
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