Australian miner IMX Resources Limited (IMX) announced on January 11 that it has completed the initial drilling program to test a new iron ore target called Tomahawk in the Mt Woods Project area located 25 km southeast of the Cairn Hill mine in South Australia.
The Tomahawk iron ore target, which has a strike length of approximately 3.4 km, is the strongest magnetic anomaly in the area south of Cairn Hill.
According to the company statement, in addition to Tomahawk, during 2012 IMX will be investigating other targets in its Mt Woods Project area with magnetic features similar to Cairn Hill, Snaefell and Tomahawk.