Magnetite Mines continues to explore the 110 km strike length of Braemar Iron Formation, within the Mawson Iron Project . This has included drilling at Black Hills South, Dragons Head and Manunda Prospects, which demonstrate similar mineralisation to that observed at Razorback. There are also other prospects that are still to be drill tested.
A highlight has been the single drillhole at the Manunda Prospect, which coincides with an area of aeromagnetic intensity, which demonstrated the following high grade results:
|Hole ID||East *(m)||North *(m)||From (m)+||Intersection from 45µm grind|
|RRDD0110||389,074||6,362,171||38||81.4m @ 23.1 % DTR Recovery, 66% Fe concentrate|
|including||42||18M @ 36.6% DTR Recovery, 66% Fe concentrate|
Updated November 2013