MAU magnetic resources nl

Magnetic Resources refined feasibility looking at underground.

  1. 68 Posts.
    lightbulb Created with Sketch. 20
    Some posters are suggesting the LJN4 project is geoconstrained by their lease boundaries.

    That is not so.

    Below are two snaps from recent company publications.

    The first shows the outline of the mining lease and the open pit, yes works run right to the lease boundary.

    The second snap shows the new Northern Extensions announced last week.
    • The Northern Extensions are well within the lease boundary.
    • The mineralised "pipe" goes straight down.
    • These areas will be captured by underground mining.


    https://hotcopper.com.au/data/attachments/6866/6866245-f60d7b7967f01138d3413fb1086da766.jpg


    https://hotcopper.com.au/data/attachments/6866/6866251-0f4c74bec69d8a31cc3f4cadc6c60509.jpg
 
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