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Additional information
Additional Information
Market: ASX
Sector: General Mining
Epic: ASX:RHI
News: Latest news
Web Site: Red Hill Iron
Other Articles: 09-04-201017-03-201024-11-2009

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Saturday September 04, 06:00Serving up support at Babcock

Support services have been among the worst performing sectors over the past month as revenue fears from the government’s austerity measures weigh heavily on the sector.

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Friday September 03, 11:40 Goldcorp snatches Andean Resources in $3.6bn deal, trumping Eldorado`s earlier bid

Both companies are vying for Andean`s Cerro Negro gold project, which is an advanced-stage, high-grade vein system, comprising 215 square kilometers. It currently has indicated resources of 2.54 million ounces of gold and 23.56 million ounces of silver, while inferred resources total 523,000 ounces of gold and 3.12 million ounces of silver.

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Wednesday September 01, 10:25Green Dragon Gas reports significant growth as China’s thirst for energy continues

China's thirst for energy resources has continued with an increased focus on domestic supplies of gas, Green Dragon Gas chairman Randeep Grewal said today. In the company's interim results, [...]

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Red Hill Iron

Red Hill Iron

Red Hill Iron has assembled a significant and mostly contiguous portfolio of Exploration Licences in the western margin of the Pilbara Province. The tenement group is prospective for iron ore, gold and base metals.
Wednesday, March 17, 2010

Red Hill Iron commences drilling at Pannawonica Project in West Pilbara, WA

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Red Hill Iron (ASX: RHI) has commenced drilling on its 100% owned Pannawonica Channel Iron Project located in the Robe River region of the West Pilbara, Western Australia.

Red Hill Iron purchased the rights to CID’s within this 150 square kilometre area in late 2009. The initial drill program will target channel iron deposits (CID’s) within the Whitegate prospect which has a total extent of six kilometres and will involve at least115 broad spaced reverse circulation holes.

Subject to completion of an Aboriginal Heritage Survey on the more southerly Redgate Prospect which extends over eight kilometres, the company hopes to carry out a drill program there in the near future.

The Pannawonica Project covers two significant paleodrainage systems within which the delineation of extensive CID resources is the target. Modern CID exploration drilling has been limited to date to the extreme south east portion of the Redgate Prospect.

Recent mapping and reconnaissance surface sampling has revealed strong evidence for the occurrence of substantial CID resources within these two prospect areas.

Access to the Pannawonica Project is particularly good via a major bitumen road and well maintained station roads.

The project has the benefit of being close to both the Robe River Associates Pannawonica railway and the railway which is proposed to service the nearby Red Hill Iron Ore Joint Venture (RHIOJV) in which Red Hill Iron has a 40% interest which will reduce to 20% upon first delivery of ore from the RHIOJV area to a customer.

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