Jorc by the end of March?...highly doubtful.Need considerable...

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.