The upgrade is from 13Mt at 54.4% Fe at a cut off grade of 50% Fe (Inferred Resource) to 54Mt at 49% Fe (Inferred Resource) using a cut off grade of 30% Fe. This new Inferred Resource includes a high grade component of 25Mt at 55% Fe (Inferred Resource) using a cut off grade of 50% Fe.

Tags: 2009 Jul-Sep