Building up nicely,
Highlights: Iron Peak Mineral Resource elevated to highest quality deposit within MGT portfolio: Mass recovery significantly increased to 19.4% (from 16.8%) Tonnage increased to 503 Mt (from 419 Mt) Superior metallurgy supports DR premium-grade product target Enables opportunity to improve early mine life Project economics Razorback Iron Ore Project Mineral Resource increased to 3.3 billion tonnes (Bt) at 16.0% mass recovery: Total Indicated Resources (available for potential conversion to Ore Reserves) increased to 1.7 Bt, up 12% MGT global Mineral Resources increased to 6.0 Bt, up 4% (Inferred and Indicated)
Ann: Iron Peak Mineral Resource Significantly Improved, page-2
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