HAW hawthorn resources limited

Magnetite-the place to be.

  1. 1,465 Posts.
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    MiIN a company with a market cap of $7.7 billion announced today it was planning a magnetite mine in the Yilgarn area.HAW should be ahead of them.

    "YILGARN PROJECT UPDATE
    • Existing hematite operation
    - 15 pits, spanning +200km
    - 5 to 6 year mine life
    • Magnetite opportunity
    - Drilling program underway
    - Early stages of defining resource
    • Leverage existing infrastructure
    • Construct new process infrastructure
    - Produce pilot plant to prove concept
    - To produce high-grade magnetite
    - 4 year development timeframe
    - 5Mtpa module concept under development"
 
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5.9¢
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Mkt cap ! $19.76M
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