MGT 16.7% 31.5¢ magnetite mines limited.

Ann: Maiden Ore Reserve for the Razorback Iron Project, page-128

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    This is the start more to come imho.....
    The Ore Reserves are based on schedules that have been limited to 30+ years and utilise just 31% of the available Indicated mineral resources and some 16% of the total defined JORC resources which were previously announced on 24 May 20211 . These unutilised resources have the potential to support either a longer operating life or an expanded scale of operations, but before they can form the basis of a future reserve increase further work at PFS level or better would be required to meet the requirements of the JORC Code.
 
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