Maximus Resources Announces New Iron Ore Exploration Target at Windimurra WA
Maximus Resources announced interpretation of recent gravity survey data has located five prospective gravity exploration targets. The largest, Block 1, contains an estimated iron ore tonnage of 1.7 to 3.0Bt of magnetite rich gabbro containing 20 to 35% magnetite. The target size and grade is consistent with “Excess Mass” estimations from geophysical modelling. Interpretation of recent airborne magnetic survey has produced a predictive geological map to use as a framework in future exploration. Exploratory drilling of iron ore targets programmed is to commence in late May.
Original Announcement: New Iron Ore Exploration Target at Windimurra WA
