MGU 30.0% 1.3¢ magnum mining and exploration limited

Ann: Metallurgical Tests Confirm High Grade Product, page-5

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  1. 2,922 Posts.
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    This got me very excited!

    “This test work has proven that the Buena Vista magnetite orebody can deliver a premium magnetiteconcentrate from across the mineralisation style seen there. Significantly, deleterious elements,particularly alumina, silica, phosphorous and sulphur, are well below that needed to deliver a DRIproduct that is in increasing demand in the push to decarbonise the steel industry”.

    Mr Neil Goodman, MD of Magnum.
 
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