Strike soars on maiden resource

STRIKE Resources’ attempts to cash in on resurgent iron ore prices has paid off in spades this morning with the company’s shares up 75% in early trade as it unveiled the maiden resource for its high-grade Paulsens East iron ore project in Western Australia’s Pilbara province. 

Strike soars on maiden resource Strike soars on maiden resource Strike soars on maiden resource Strike soars on maiden resource Strike soars on maiden resource

Paulsens East.

Based on two drilling campaigns for some 3500m, the company has inferred a 9.1 million tonne resource grading 63.4% iron, 5.6% silica and 3.2% alumina.

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