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Giralia Resources Announces Significant Iron Ore Results from Daltons and McPhee Creek
Friday August 8, 2008, 9:41 am

Original Announcement: Significant iron ore results from Daltons and Mc Phee Ck

Giralia Resources reported that helicopter supported rock sampling and mapping have outlined several substantial zones of outcropping high grade hematite iron ore at two of the Company's less advanced Pilbara iron ore projects; the 75% owned Daltons JV tenements and the Company's 100% owned McPhee Creek iron ore project. Using helicopter support, a total of 70 rock chip samples were collected from outcrops of BIF in the Daltons JV area, with 26 samples returning potentially direct shipping grades of iron ore. Most significant is a substantial 600m by 450m zone of strong hematite enrichment in the east of the JV area where average iron grades exceed 63% Fe. Further mapping and sampling of a prominent BIF/chert range in the west of the Daltons JV area outlined potential for magnetite type iron ore mineralisation, with thick zones of BIF grading 30 to 47% Fe identified in preliminary reconnaissance.

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