Processing fast tracked at Marianas iron tailings project, Chile, with mobile processing plant deployed to commence processing immediately
Highlights • Whilst initiating the 200 tonne bulk sample, a mobile processing plant is being deployed to the Marianas iron tailings project immediately commencing processing of raw material. • With processing capabilities of up to 150 tonnes per hour, the Company aims to process a total of 5,000 tonnes initially. • Short term cash flow to be generated whilst permitting progresses for up to 30,000 tonnes per month. • Using a wet circuit grades 65-70% Fe can be recovered including magnetite and hematite Fe.
CDB Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held