Indicated and Inferred Mineral Resource of 25.4Mt @ 57.1%Fe declared for Split Rock deposit, including 20Mt Indicated and 5.4Mt Inferred..... With lots more to come...
# Gondwana retains a royalty of $1.13 per tonne for all iron ore sold;
# Gondwana retains a royalty of 1.5% of the gross proceeds of sale of other minerals;
# Gondwana will receive a fee of $0.20 per tonne in excess of 2 billion tonnes of independently verified JORC compliant iron ore reserves in respect of the tenements as published by Atlas immediately prior to Atlas making a decision to commence first commercial mining on thetenements
and
FARM OUT AGREEMENT GOBBOS COPPER PORPHYRY PROSPECT
Gondwana Resources Limited (Gondwana or the Company) is pleased to announce that it has entered into a farm-in agreement with Platypus Minerals Limited (ASX:PLP) in respect of Gondwana’s 90% interest in the Gobbos Copper Prospect and the Cyclops Nickel Prospect located on E45/3326 in the East Pilbara, WA.
GDA Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
