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Epsilon identifies iron ore at Mardie

SHARES in junior explorer Epsilon Energy jumped as much as 16% yesterday after the company announced magnetic data modelling had identified at least two zones of interpreted magnetite-rich iron ore at the Mardie project in Western Australia’s Pilbara.

MiningNews.Net
Epsilon identifies iron ore at Mardie

Perth-based Epsilon said in a statement that the magnetite target is interpreted to be the Brockman Formation, and is based on geophysical data and computer modelling as well as interpretation by independent...

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