significant intervals of magnetite

TRH hold 36% of RAD

http://www.asx.com.au/asxpdf/20110119/pdf/41w7xn3dplcfdf.pdf

SIGNIFICANT INTERVALS OF MAGNETITE MINERALISATION INTERSECTED IN MAIDEN DRILL RESULTS
Highlights
␣ Significant intervals of magnetite mineralisation intersected
␣ Lara and Beven Prospects return particularly encouraging results
␣ Best intercept 154m at 29% Fe
␣ Davis tube recovery test work indicates concentrate grades to 71.1% Fe and high mass recoveries
Radar Iron Ltd (ASX: RAD) is pleased to announce the results of its initial drill programme targeting magnetite in its projects north of Southern Cross in the central Yilgarn region.
Overall assay results averaged in the 28-30% Fe range and DTR results indicate that the magnetite rich banded ironstone formation at Lara and Beven can be beneficiated into high- grade concentrates with low levels of SiO2, Al2O3, P and S.