Hello TG
I know the ceased magnetite production as a by-product of the main game (Cu-Au) at EH about 7 or 8 years ago. Did they restart it?
EH is there because of the Cu-Au and Ag. Any magnetite is an afterthought caused by the mineralisation style (IOCG) I would have thought. The magnetite production from there would be due to the fact its mined for free and processed for free to get the other base-precious metals which are the dominant revenue driver of the operation.
Probably not the best analogy. There may be others which are closer examples of your idea but i don't know of any.
I view any chance CNJ have as being based on precious and base-metals driven. The core has smoke for base metals and fingers crossed there is some nice precious which they cant detect in hand held XRF. Hopefully its enough to justify raising more money and going back for round two.
Regards
DC
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