·         High-grade iron occurrences, with initial rock chip samples
          assaying between 54.6% and 67.6% iron, located within the      

          Company’s tenements in the Adelaide Fold Belt, South Australia.

·         Banded Ironstone horizons identified over extensive areas of the

          Company’s tenements.

·         Flinders Ranges have been overlooked although an historic  
          source of fluxing iron ore on a small scale.