ZNC zenith minerals limited
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a billion tonnes of magnetite and manganese, page-9

  1. NTaylor
    2,593 Posts.
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    16/03/10
    09:30
    Post #: 6452775

    with the silica being around 45% of the drill hits it would seem to be more a silica deposit with some fe.

    so as they will have to separate the silica and the fe why not sell the silica. As si02 last time I looked actually sells for about $500 a tonne. Which is a little more then the fe goes for.

    I don't even know if that is possible - in any case where there is a will there is a way.

    I just thought I would throw it out there.

    ZNC Price at posting: 17.6¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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4.3¢ 		Change
0.006(16.2%) 		Mkt cap ! $22.76M
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