just releasedCommercial Scale Trial Delivers Higher Head Grade...

just released

Commercial Scale Trial Delivers Higher Head Grade and
Recovery
ASX Release Stock Code: CDB
Highlights
? The commercial scale trial at the Marianas Magnetite Tailings Project has surpassed previous results. Both
mined head grade (17.88% Fe) and contained magnetite (11.68% magnetite) were significantly higher than
the earlier 40 tonne samples.
? Confirmatory analysis was particularly impressive with Davis Tube Test contained iron in the 21.9 tonnes
of concentrate produced substantially increased at 69.63%. The magnetite concentrate represented
12.54% of material collected by weight, a 12.5% increase on the earlier recovery result.
? The trial outperformed results in the earlier recovery study and substantially enhanced the modelled
economics of the project.