Of course it would also depend on grade acheived after processing. It should be investigated and we are already considering magnetite deposits to mine. Yes it is quite costly to get into but if they have enough resources on site to last 20 to 30 years then it may be worth it.
Eventually all other easy to mine resources will run down and we will have to mine magnetite.
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RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
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