July 7, 2010 Giralia Resources NL announced the maiden JORC reported mineral resource at Yerecoin magnetite project, located in Western Australia. Total resources estimate for the project consists of 186.8 million tonnes at 30.9 % iron with weight recovery of 32.8%.
May 18, 2010 Giralia Resources NL announced the receipt of all assay results from recently completed resource drilling targeting the establishment of a maiden JORC compliant resource at the Company’s 100% owned Yerecoin magnetite project, located around 120 kilometres NNE of Perth in Western Australia. Highlights include hole RDY048 intersecting 125.1 m grading 32.7% Fe from 163.0 m.
