We also know that there are significant iron ore assets in the ground from the preliminary magnetic studies; which are clearly shown in the anomalies that have repeatedly been shown in TNGL press announcement and power points.
Geophysics mean nothing. Does not prove reserves.
Improving the purity by removing the Sulfur is a simple process that is added in the milling
What happens if the sulphur is ingrained in the iron. How do you liberate the sulphur? High sulphur requires manganese to counter act the sulphur. That cost money.
Three drills working 24/7, 375 holes, over 56,000 meters of drilling on just the largest anomaly, at a cost of 4.5 million with a 9 month completion target date.
That is the cheapest per meter drilling program I have ever heard of. Nothing even comes close to what they are quoting
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