"The drilling is designed to test the extensive alluvial plains which may cover buried CID and detrital material. Atlas Iron Ltd (ASX: AGO) had identified some CID material in the region in previous work (as Warwick Resources Ltd). The CID may have been sourced from Hamersley Basin sediments just to the north of the tenements. The drilling is designed to be on a wide spacing along over 20 kilometres line length to determine the potential of the alluvial plains to host iron mineralisation. There are several copper occurrences in the region and the drilling will also be used to evaluate this potential.
The Program is expected to be completed in May 2012 and assay results will be released once available."
Also - good to know that there will be a flow of information coming.
Drill results coming, beneficiation results coming & who knows what will come out of these new tenements once a drill program starts there.
Looking good!
DMA Price at posting:
13.0¢ Sentiment: None Disclosure: Held
