FMG’S railway is simplest 3kms clear of the challenge house.
Here’s the first exploration replace on western shaw:
Western Shaw Mission, East Pilbara Block WA (90% Buxton)
[FONT=Calibri,Calibri]Box inspection used to be just lately undertaken to guage particular objectives known from a geological assessment. The challenge is situated 190 km south[/FONT][FONT=Calibri,Calibri]‐[/FONT][FONT=Calibri,Calibri]southeast of Port Hedland and is strategically situated inside of 3 km of Fortescue Metals new rail line. [/FONT]
[FONT=Calibri,Calibri]Two iron ore objectives have been known;
- A small mesa (220m x 15m) capped by means of an higher resistant channel iron deposit used to be sampled. Goal tonnage is regarded as modest in keeping with the size of the mesa. Effects are awaited.
- Banded Iron Formation (BIF) in the similar house used to be rock
- [FONT=Calibri,Calibri]‐[/FONT]chip sampled. The Western Shaw challenge is estimated to include seven strike km of potential BIF.
Along with investigating the iron ore possible a circulation gold anomaly and a barium[FONT=Calibri,Calibri]‐[/FONT]wealthy gossan had been inspected and sampled. Effects are anticipated in numerous weeks.
buxton sources,most sensible 20 personal 61%,montezuma 6.27%=2,010,000 stocks
32m stocks,money $3.2m final quarter…
present sp 0.170