Good start for this new comer....Just to start this off i think the Warramboo Project can be huge.
Some analyses showing concentrate iron grades ranging from 70.0% to 70.9%with an average of 70.4%. By industry standards this grade of iron is almost pure Gold.
Check this out....
The six drillholes tested three magnetic targets termed Murphy, Dolphin and Collins. Substantial intervals of magnetite-bearing gneiss were intersected in all six holes. At the Murphy Target four holes were drilled on a single section across a magnetic anomaly with a strike length of approximately 1.5 kilometres. Drill hole RCWMB-1 intersected significant width and grade magnetite mineralisation including an upper interval of 41 metres at 24.2% iron followed by a second interval of 53 metres at 21.6% iron. The two zones were separated by a 14 metre interval of non-mineralised material. At the Dolphin Target magnetite-bearing intervals in a single hole included 24 metres at 17.8% iron and 18 metres at 19.8% iron.
What do the panel of experts think on this one??