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0.00% 29.5¢ monarch gold mining company limited

Mt.MagnetIron OreThe Mt Magnet area contains significant...

  1. hainholz
    2,902 Posts.
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    02/07/08
    12:09
    Post #: 3937854
    Mt.Magnet
    Iron Ore
    The Mt Magnet area contains significant occurrences of BIF which have not been assessed for their
    potential to host economic concentrations of Iron Ore.
    Utilising geophysical data, geological mapping and ground assessment, the potential exists for
    significant tonnages of iron ore formation (200 million tonnes). Monarch is currently carrying out a
    channel rock chip survey across the BIFs to determine an indicative Fe content prior to considering a
    drilling assessment.
    For further information, please contact:
    Ian Huitson Warrick Hazeldine
    Managing Director - Monarch Gold
    MON Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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