Zinc Company Australia has released further positive results from the company’s Mount Alexander iron ore project near the Port of Onslow in the West Pilbara region of Western Australia.
Further rock chip results from the project confirm extent of mineralization with an additional 324 surface rock chip assays received. The average values from all 580 samples to date are 34.0% Fe 48.0% SiO2 0.6% Al2O3 0.1% P 0.0% S.
The sampling shows consistent iron grade and low penalty element content over the 6.5 kilometre of outcrop of the Mount Alexander BIF package while sampling across strike showed the same consistency over widths up to 400 metres.
Mr Gary Comb chairman of Zinc Company said that the rock chip sampling program had demonstrated the consistent iron grade and low penalty element content over the 6.5 kilometre outcropping section of the Mount Alexander banded iron formation.
Mr Comb said that "Sampling across strike has shown the same consistency in widths up to 400 metres. This increases our confidence in that the project has potential for very large tonnages of magnetite iron ore. Permitting for drilling to confirm this potential is well advance, with an aboriginal heritage survey scheduled in around three weeks time."
(Sourced from Proactiveinvestors.com)
