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MGT

MAGNETITE MINES LIMITED. - Discussion

2.53% ! 8.1¢
Market Cap $9.827M  !
Metals & Mining Industrial Metals & Minerals
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Magnetite Mines Limited is an Australia-based iron ore company. The Company is focused on... Magnetite Mines Limited is an Australia-based iron ore company. The Company is focused on the development of magnetite iron ore resources in the highly prospective Braemar iron region of South Australia. Its projects include Razorback Iron Ore Project and Muster Dam Iron Ore Project. The Razorback Iron Ore Project is a magnetite iron ore deposit capable of producing a high-grade iron ore concentrate product for use in steel production. The Project is situated approximately 45 kilometers (km) from open-user rail, 120 km from the power grid and 200 km to existing deep water ports. The Project consists of two magnetite iron ore deposits, the Razorback and the Ironback Hill deposits. The Muster Dam Iron Ore Project is hosted by the same Braemar Iron Formation as the Razorback Iron Ore Project. The Project is located approximately 110 km to the northeast of Razorback. The Company has a total mineral resource of six billion tons of iron ore located approximately 240 km from Adelaide.More

Magnetite Mines Limited.

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8.1¢ 		Change
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'Defining moment' for Unico as miner expands Joaquin's mineralised footprint Unico Silver (ASX:USL) has received drill results being heralded as a @defining moment” for the silver miner, with the hits validating its geological model and suggesting Joaquin’s La Negra prospect is even larger than expected.Listen to the HotCopper podcast...
Listen: HotCopper Wire Podcast 017 – RBA holds the toppings Welcome to this week’s HotCopperWire, our market watch podcast! Each week, HotCopper’s senior markets reporter Jonathon Davidson and I take you through the week’s biggest news headlines @ and what they mean for Oz investors.In this Week 28 epis...

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NEWS Listen: HotCopper Wire Podcast 017 – RBA holds the toppings
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NEWS La Negra delivers growth with exceptional silver equivalent drill results
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NEWS Thick zone of high-grade gold mineralisation intersected at Fairview South
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