Menu

Australian Shares.com is the world's biggest free online database of information on Australian resource companies.

This website has up-to-date details on over 1000 separate listed and unlisted organisations, including what they mine (or explore) for, how much of any given resource they have in the ground, or in reserve, the location of their operations, corporate details, news, links and history. Find out more

Australian Shares

Australian Shares Sparty's Blog

Comments on this blog should never be taken as investment advice


Posts on this website are general "tips" and nothing more than that and should never be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. Sparty's posts nearly always relate to companies that he either holds, has held or intends to hold.

Main ForumGiralia hits 30Km long strike

  • GIRALIA RESOURCES NL (ASX:GIR) ------------------------------------------------------- Strong results from Yerecoin resource drilling ------------------------------------------------------- Exploration Update | Drilling Report -------------------------------------------------------
    ASX ANNOUNCEMENT YERECOIN MAGNETITE PROJECT RESOURCE DRILLING RESULTS

    At the mining rate envisaged in the Scoping Study (7.5mtpa) this will equate to around 20 years of production.
    Assays and DTR results received from the resource drilling (59 holes/7549 metres), show significant results over the 30 kilometres of strike, including; 96 metres @ 34.8%Fe (DTR 71.3%Fe, 1.0%SiO2, 45.7% weight recovery), 125.1 metres @ 32.7%Fe (DTR 69.8%Fe, 2.8%SiO2, 38.8% weight recovery), 82.8 metres @ 32.1%Fe (DTR 70.9%Fe, 1.3%SiO2 , 37.2% weight recovery), 73 metres @ 33.4%Fe (DTR 71.6%Fe, 1.6%SiO2 , 37.7% weight recovery and 68 metres @ 35.7%Fe (DTR 71.4%Fe, 0.9% SiO2, 39.6% weight recovery).
    In addition to the maiden JORC resource estimate which is now underway, substantial additional metallurgical testwork to establish preferred product specifications is being initiated, along with the commencement of Pre Feasibility engineering, marketing, environmental and groundwater studies. R M Joyce 18 May 2010 DIRECTOR

  • GIRALIA ASX GIR is one of my long term holds... they have given me a 10x return for their actual shares and their spin offs have done very well as well. If I'd just bought GIR and no other company I would be very, very rich. And as the above shows there is a lot more to come.

Want to take part in this discussion? Click one of these: Sign In Apply for Membership

Australian Shares Forum Options

 








Howdy, Stranger!

It looks like you're new here. If you want to take part in the discussions, click one of these buttons!

Sign In Apply for Membership