Sherwin Iron’s (ASX:SHD) initial reconnaissance diamond drilling indicates shallow DSO grade iron ore is present at the Mt Scott Prospect within its Roper River Iron Ore Project in the Northern Territory.
This ore is present in the same Lower Ironstone Unit as Deposit C, where the company’s Exploration Bulk Sample Pit and Proposed DSO mining operation is located.
DSO grades of ore were intersected in all 11 wide spaced HQ diamond core holes drilled over a 3 kilometre strike length covering historic BHP Deposits I and K.
The company had previously reported high grade rock chip sampling results within this drilled area and at several other locations at Mt Scott in 2011.
An extensive program of reverse circulation drilling is now warranted to follow up current results to assess potential for a DSO resource that could lead to a future mining operation.
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