Giffen Well Drilling Program 03/2022
In March 2022, Maosen Australia Pty Ltd undertook a diamond drilling program (two drill holes) at the Giffen Well project. According to preliminary on site geological logging , the two drill holes intercepted hematite since 3-7 meters and high quality magnetite since 50-70 meters. Neither drill hole (200m deep) penetrates the magnetite layer. This drilling program will provide qualified samples for following beneficiation test.