Brumby Resources Limited (ASX:BMY)
Perth, June 24, 2009 AEST (ABN Newswire) - Brumby Resources Limited (ASX:BMY) is pleased to announce that initial first pass drilling has commenced at it's DSO iron ore exploration targets on its 100%-owned Pardoo East Project in the Pilbara region of Western Australia.
The Pardoo East Project is located within Brumby's Exploration Licences EL 45/2557 and EL 45/2558, which cover a total area of 200km2 and are located some 110km east of Port Hedland. The Project is one of three iron ore projects located within Brumby's large coastal tenement holdings. The tenements are in close proximity to Atlas Iron's Pardoo Project and BHPB's mined out Goldsworthy mine.
A detailed ground gravity survey was carried out by Brumby over the Pardoo East aeromagnetic anomaly during 2007. Seven gravity targets associated with the aeromagnetic targets were delineated. Two priority gravity targets were identified by Brumby.
The main target, which is the subject of this initial first pass drilling programme, is 5 kilometres in length and 0.4 kilometres wide. Geophysical modeling of the data indicates that the top of the gravity target is approximately 40-60m beneath the surface sand cover. No previous drilling has been carried out on any of the aeromagnetic or gravity targets.
Regional geological and geophysical interpretation of the Brumby data indicated that Brumby's Pardoo East Project is likely to be hosted within the regionally important Nimingarra Iron Formation.
This Formation hosts BHP Billiton's operating Yarri hematite mine, the Atlas Pardoo DSO operation and the Atlas 2Bt Ridley magnetite project, and the mined out Goldsworthy, Shay Gap and Nimingarra hematite deposits.
Drilling is scheduled over the next two to three week period with assay results expected within a month of drilling completion.
For the complete Brumby Resources Announcement, please click the link below:
http://www.abnnewswire.net/media/en/docs/60943-ASX-BMY-450652.pdf
About Marindi Metals Ltd
Marindi Metals Limited (ASX:MZN) is engaged in the mineral exploration. The Company's projects include Newman Base Metal Project, Forrestania Lithium Project, Yalco Project, Caranbirni Project and Oakover. The Newman Zinc Project is located in Western Australia's infrastructure Pilbara District approximately 60 kilometers southwest of Newman. The project is covered by over seven exploration tenements covering over approximately 1,000 square kilometers. The Newman Base Metal Project's deposits include Prairie Deposit, Wolf Deposit, Wolf-Prairie Corridor, Titan (Anomaly B), Hyena-African Hunting Dog and Husky. Its Forrestania Lithium Project includes South Ironcap Lithium Project and Mt Hope Lithium Project. The Caranbirini Project covers approximately 10 kilometers of the prospective Batten Trough and is located over eight kilometers from the McArthur River Mine. The Oakover Manganese Project lies approximately 80 kilometers east of Newman in Western Australia's East Pilbara Manganese Province.
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