Tuesday, 22 Nov 2011
Avonlea Minerals has increased the JORC Resource at the Ondjou Iron Ore Project, Northern Namibia, by 33% to 693 million tonnes iron at a grade of 23.7%.
The increase is based on a strike length extension to the established area of mineralization established in the project’s maiden JORC Resource, identified by diamond drilling and metallurgical testing.
Importantly, the Resource remains open along strike and down dip, with a number of new targets still to be tested over more than 100 kilometres of strike. Avonlea has licenses in application to the north and south of Ondjou.
(sourced from proactiveinvestors)
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