|
|
Article: Dynasty Metals Limited (ASX:DMA) Confirm 400 Million Tonnes from Phase 1 Drilling At Prairie Downs Tenements
- Article from:
- abnnewswire.net
- Article date:
- November 5, 2009
- Author:
CopyrightCopyright 2009 ABN Newswire. (Hide copyright information)
|
Dynasty Metals Limited (ASX:DMA) announce that drilling at the Spearhole Channel Iron Deposit has identified a deposit of 400 million tonnes and is open and un-tested to the south and southwest.
Drilling has identified a Detrital Channel Iron Deposit ("DID") in the Spearhole Prospect exceeding 15m thickness from the surface, over an area of 8.4km2 (8,400,000m2). Assay results on the bulk of the 9,979 metres in the 305 holes drilled are pending. Preliminary results from the first 30 holes (10% drilled) of northern part of the 400M tonnes initial target confirm persistent intersections of haematite-rich detritals and iron pisolites over deep zones with wide intercepts (up to 40m) from ...