
IronRidge Resources Limited announced that they have discovered high-grade bauxite at its wholly owned Monogorilby bauxite project in Queensland, Australia.

Vincent Mascolo, CEO of IronRidge, said: "We are very pleased with the results of the Company's ongoing mapping and sampling activity at Monogorilby and May Queen projects. Discovering additional bauxite mineralisation adjacent to the Monogorilby Resource adds to the value of the project. The high alumina grades returned, coupled with low reactive silica results across the Koko targets, are encouraging.”
Following are the highlights from the press release:
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