CAPITAL MARKETS

Sherwin gets set for resource upgrade

SHAREHOLDERS in Sherwin Iron, the recently renamed Batavia Mining, are in for a pleasant surprise, perhaps as early as tomorrow, with the expected release of a substantial resource upgrade on the company’s most promising orebody at its Roper River iron ore project in the Northern Territory.

Tim Treadgold
Sherwin gets set for resource upgrade

The W deposit at Roper River, one of a series of iron-rich structures, is said by industry observers to contain at least 60 million tonnes of high-grade ore. If that speculation is correct then the Roper...

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