Announced that the area covered by the four channel iron deposit (CDI) mesas was measured in the field and cover a combined area of approximately 28.5 hectares. Assuming an average depth of 2.5 metres and SG of 2.2, this would indicate a potential for about 1.5 – 2 million tonnes of ore in ground. In addition to the rock chip sampling, a stream sediment sampling program was also undertaken to check for other anomalous metal occurrences on the tenement. Analytical results were awaited.
August 25, 2008
Reported that there are four discrete remnants of pisolitic iron ore (CDI) within the tenement considered to be of interest. Each one is discrete and they have been referred to as Mesa 1 through Mesa 4. Two of the Mesas have been costeaned in the past but the company has no record of any results.
Follow-up field mapping and sampling was undertaken and assay results are awaited.(Jul28/08)
March 14, 2008
Reported that the next step would be to drill test the CID mesas.