Prescient presentation - Petmin
Prescient presentation - Petmin
Prescient presentation - Petmin
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Iron Ore – Mount Ginka, Liberia<br />
43<br />
<strong>Petmin</strong> holds 50% of the Mt Ginka iron ore exploration licence in Liberia<br />
$2m investment in Iron Bird Resources – a joint venture with AIM-listed Hummingbird<br />
Aeromag survey shows continuous magnetic unit interpreted as iron formation<br />
20km long up to 250m wide and 1,000m deep<br />
Early samples range from 33-54% magnetite Fe<br />
Iron Bird fully funded for further exploration of ore body and economic potential<br />
Mt Ginka is 20km from a major iron ore mine which produced 12-24Mt pa of high grade ore<br />
from 1964 to 1989 – now reopened by Arcelor Mittal (BHP Billiton also nearby)<br />
15km from railway line to deep-water port of Buchanan<br />
…A STRONG …Committed PLATFORM to growth, FOR …exceeding dedicated FUTURE to expectations<br />
value GROWTH