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Home Investors ASX Announcements Drilling update, Maronan Project, NW Queensland
Drilling update, Maronan Project, NW Queensland

Progress on the drill hole designated MRN12004 was paused for the Christmas to New Year break on the 19th December.  The hole was halted while still on direction at 460.2 metres down-hole some 350 to 400 metres above the upper banded iron formation target zone.

Drilling will recommence on the 8th January 2013 and is expected to pass through the separate upper and lower iron formation targets within about two to three weeks.  Visual results will be announced upon completion of the hole with assays results to follow three to four weeks later.

Download this announcement (683kb pdf)