MFE 0.00% 1.0¢ magnetite mines limited

red dragon/razorback progress

  1. 255 Posts.
    Audio broadcast has a huge amount to digest
    with activities on Hippo,Razorback and
    Uranium in Ausi and USA.
    Here are key points on Razorback:

    1* 26,000 km airborne magnetic and radiometric
    survey completed Jan 16th.
    2* Employed geologist to run the razorback project.
    3* Submitted exploration work approvals for excess
    of 60 R.C. drill holes and 5 diamond drill holes
    to begin early March.
    5* Moving towards memorandum of understanding
    for access to infrastructure -rail & port.
    6* Aiming at inferred resource by third or fourth
    quarter 2010.

    Very exciting year ahead for Roy !
 
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