Theres not enough drilling been done to confirm anything yet. But with GUM FLAT, CUMMINS, and new WANILLA tenements holding huge BIFs, it could possibly go near or break the 1 billion tonnes iron ore reserves at medium grades. Gum Flat has potential of up to 400mt iron ore on RIFLE RANGE only. And thats not even a third of the high magnetic surveys shown on the GUM FLAT tenement thats been tested yet. Its quite exciting. For LML to bring in new multi purpose RC and diamond drilling rig fom India, potential is looking bright.
LML Price at posting:
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