GIR 0.00% $5.43 giralia resources nl

Giralia starts drilling in at Earaheedy iron ore project in WA...

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    Giralia starts drilling in at Earaheedy iron ore project in WA


    Mineral exploration company Giralia Resources announced that it has commenced a 40 hole reverse circulation drilling program at its Earaheedy iron ore project in Western Australia.

    Giralia Resources said that “Earaheedy is a high potential iron ore province which is thought to be the second largest accumulation of iron formulations iron ore deposits in Australia, containing over 500 strike kilometres of thick iron formations."

    Recent rock sampling undertaken at the Miss Fairbairn Hills area confirmed high grade iron ore mineralisation, but restricted outcrop and shallow dips has meant the full extent of mineralisation was difficult to determine and Giralia said further considerable drilling is required.

    Giralia controls 100% interest in a 570 square kilometer area in the Miss Fairbairn Hills area of the northern Earaheedy Basin. Assay results from the new RC drilling program are anticipated in late November 2007.

 
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