cheap buy imo(near floor set by cap raise 25c), page-16

It is a very small area that has been tested so far, though one would expect that they would try their best area first to produce quality results. This has been quite disappointing to date and the SP reflects that.

Alternatively, when you have 20km of strike, well, who knows what might turn up when we have seen YDK007 produce 67% fe.

The crucial hole which is currently being drilled is YDK011 to the north, if this produces a high quality result then all is not lost and we will see a signficant jump in the SP IMO.

This information is from late March and we haven't been given much from then apart from the confirmation of hole 7 having the goods. DYOR...

(Results from NITON XRF)
BHID EAST NORTH ELEV DIP AZI EOH SURVEY STATUS COMMENTS
YKD001 440020 88647 668 -90 0 72.16 GPS COMPLETE Fe mineralisation 29 - 61m @ 30% Fe
YKD002 439965 88662 668 -90 0 45.7 GPS COMPLETE No Fe intersection
YKD003 440041 88727 671 -60 100 43.51 GPS COMPLETE Fe mineralisation 7 - 40 m @ 35% Fe
YKD004 440022 88644 669 -60 100 40.83 GPS COMPLETE Fe mineralisation 14 - 37m @ 36% Fe
YKD005 439914 88828 698 -90 0 34.52 GPS COMPLETE Fe mineralisation 0 - 27m @ 38% Fe
YKD006 440186 89268 671 -60 85 37.71 GPS COMPLETE Fe mineralisation 0 - 31 m @ 36% Fe
YKD007 439946 89002 677 -90 0 36.69 GPS COMPLETE Fe mineralisation 2 - 28 m @ 62% Fe
YKD008 440120 89172 695 -60 105 100 GPS In Progress