GWR 5.56% 17.0¢ gwr group limited


  1. 69 Posts.
    From sundances announcement on tuesday;

    "The JORC-Code compliant Inferred Mineral Resource inventory of itabirite hematite at the Mbarga Deposit has

    been increased by 25% to 2.2 billion tonnes at 40% Fe. This inventory of itabirite hematite is summarised

    in Table 1 and is based on assay data received from a total of 255 drill holes, including 23 diamond core

    holes, for a total of 56,459 metres drilled (refer Figure 1)"

    Sundance have drilled 56,459 m to prove up 2.2 billion tonnes resource, GWR have drilled up over 100,000m to prove up 126 million tonne resource (note both are resources not reserves). Makes me really proud of the management of Golden West, they are doing such a good job!

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