Wendoline EL 6959 contains a palaeochannel target some 25 km x 400m x ~10m deep. Previous explorer BP Minerals reported surface magnetic iron lag samples to 56% The Wendoline licence is one of 15 granted licences and Eastern Iron has identified over 1,000 linear kilometres of prospective palaeochannels.
Wendoline was mentioned on two pages of the Eastern Iron March 2008 power point presentation. Possibly an early target. Hmmm...
PTS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held