Iron Road has declared that its Stage VI drilling program at the Central Eyre iron project (CEIP) is progressing as planned.
This Stage VI drill campaign examines Murphy South’s western expansion region. The company employs four rigs that drill the diamond tails and also drill certain select holes that extend into the footwall to enable geotechnical computations. The traverses completed so far substantiate the coagulation of the ore body towards the east and nearby the Stage V drilling campaign at Murphy South. The drilling program is functional in order to specify a mineral resource estimate having extensive size and tonnage added to the present 1.01 Bt, which is found at Murphy South.
The drilling target for the western expansion of Murphy South, which is across the 10 traverses planned for the Stage VI drilling, is a magnetite gneiss of 500-800 Mt.
This Stage VI drill campaign includes 64 diamond holes drilled over 25,000 m. The company intersected the geology in all traverses, which is consistent with analysis from the comprehensive, high resolution aeromagnetic surveys’ inversion modelling. A common condensing of the sequence is happening towards the east direction.
Source: http://www.ironroadlimited.com.au/