Hemisphere Resources has completed the on ground heritage survey at Hancock Range with drilling set to commence when all approvals have been received which the company anticipates to be in the current field season.

Hancock Range is located 1.8 kilometers south of Hemisphere’s Yandicoogina South Project approximately 15 kilometers north east of Mining Area C and some 5 kilometers north of the recently established Hope Downs Operation in the Pilbara region of Western Australia.

The primary target is hematite within the Brockman Iron Formation. The presence of surface enrichment within the Joffre Member of the Brockman Iron Formation supports the Hemisphere's exploration strategy.

The northern section of the lease is considered prospective for iron due to the presence of PHb in the Werriba Anticline and the northwest-southeast dolerite dyke extension is similar to the structure at Hope Downs to the south.

The Werriba Anticline is in detail a series of en-echelon anticlines considered to be favourable for mineralization. The dolerite dyke is thought to be an off shoot from the regional Channar Dyke that crosses the Hamersley basin from east to west.

(Sourced from Proactive Investors)