GREY:ADEXF - Post by User
Comment by
hundredvanities1on Apr 12, 2012 10:04am
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Post# 19785088
RE: RE: Grade of Ore
RE: RE: Grade of Ore There's zero potential of a DSO project in the A/B zone. The inferred resource in the A/B zone is 24.6% iron. The worst results of all of AXI's Melville properties. DSO must 55% iron or better. This nonsense about turning the A/B zone into a DSO-like product is beyond absurd. DSO by its nature does not require processing. It's dug up from the ground and shipped.
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There is potential for a DSO project at Tuktu 2. They've found 2 grab samples with DSO grades. Extensive drilling this summer, if AXI can raise the cash, will confirm whether the grab samples are from one meter intervals or 100 meter intervals of iron ore mineralization.