MGT 16.7% 31.5¢ magnetite mines limited.

Hey mate, I did see that there was a Chrysotile (asbestos)...

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    Hey mate, I did see that there was a Chrysotile (asbestos) deposit found about 30 or 40km from the MGT site back in the 1940's or 1950's but can't remember it being within the MGT Tenement.

    I have access to a lot of the old drill core studies that were from that area as well, from as far back as the 1970's as lots of mining companies have held area in and around the MGT site previously while searching for Gold, Diamonds and Copper Ect. Even BHP and Rio Tinto have both previously owned exploration lease tenements adjoining or within the current MGT site. They even found micro diamonds there, within Kimberlite (a type of volcanic rock) that is part of the geology there, but concentrations were not high enough to mine.
 
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