EMERGENT Resources has commenced its third-phase drilling program at its Beyondie Iron Project, West Australia.
The Perth-based exploration company will drill 35 reverse circulation (RC) holes and 5 diamond core holes for engineering and metallurgical work.
The company says target mineralisation tonnage and grade is conceptual in nature in that there has been insufficient exploration at this stage to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a mineral resource.
But given that only a small portion of the current total known strike length of 52 kilometres at the project has been targeted for drilling, Emergent expects that the Beyondie project area will host a large volume of magnetite mineralisation.
The group expects that the 3rd phase drill program will be completed by 14 September 2009.
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