AHN 0.00% 0.5¢ athena resources limited

Re the iron ore I believe the major risk for the Biro Project is...

  1. 3,413 Posts.
    Re the iron ore I believe the major risk for the Biro Project is associated with the type of magnetite & size of any deposit. I made reference to the possible quality of the Fe in an earlier post, the situation that AHN could find itself in could be unfortunate as it's a sort of "catch 22" situation.

    Whilst the quality of the magnetite is very high the size of such deposits (based on my own research)are generally small in nature.

    "...The magnetite, in contrast to most magnetites, appears to be magmatic rather than sedimentary; is coarse grained
    rather than a BIF so it upgrades easily to produce a high grade concentrate with most samples producing concentrates over 69% Fe."

    WC8
 
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