magnetite, page-54

Hi Johno,

We could possibly see just how much the NCu nugget effect had on drilling results being under-reported sooner rather than later.

As per yesterdays update the crushing curcuit is on track to be ready by 23rd Dec.

And from the companies announcement 7th June to let you know what they are thinking of doing with the new crushing circuit;

"The company is currently investigating commencement of early crushing of high-grade areas of the coarse native copper zone, prior to installation and completion of the floatation plant.
Initial desk-top models suggest cash flows will be robust.
Mining and strip back at Rocklands is planned to commence within the next 4-6 weeks, and once the Run of Mill (ROM) pad has been established, the crushing circuit (expected to be completed and commissioned by the end of 2012), may commence crushing of ore material from the native copper zone. The crushing circuit is designed to screen off +40mm size native copper nuggets separately, with the -40mm being
transferred to the gravity and floatation circuit. The current study will investigate commencing crushing and
recovery of the +40mm native copper ore, with the -40mm being stockpiled for later processing through the 3mpta process plant."

PS I'm quitely confident if this does go ahead, then any NCu metal (+40mm screened off) would be purchased by the Xstrata smelter in Mt Isa without much issue.