Well this is a bit of surprisingly good news I was not expecting. This puts it on a par with some of the aussie magnetite projects. They say 40 surface samples Average 42.4% Fe Highest 68% Fe, lowest 29% Fe Low impurities
So there may even be some DSO mixed in there somewhere. And all within 15kms from the ocean. Gee you could take it there in a wheelbarrow if you had to...(down hill all the way)