Very pleasing numbers - many of the key metrics in this now 2012 JORC-compliant MRE actually on the up. Significantly so!
Resources are robust and confirm potential for project development
Music to any investor's ears.
And too, this maiden 2012 JORC clearly signals the Company really rolling its sleeves up and getting stuck in:
The JORC 2012 mineral resource estimate for Buena Vista is a highly important step in advancing the project to production status.
The JORC 2012 estimate will allow the pit design, processing circuit, production rate and plant layout to be updated together with detailed financial modelling.
We look forward to continuing to provide updates on the technical and financial aspects of this project to confirm the potential of Buena Vista to be a new, and significant, magnetite development. - Simon Baldwin, Magnum Resources Executive in Charge of Buena Vista
Very pleasing numbers - many of the key metrics in this now 2012...
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