Magnetite Mines’ Razorback Ores Well Suited to Bulk Ore Sorting; Results from Technical Investigation
Australia based development-stage mineral exploration company,Magnetite Mines Limited (ASX:MGT) is keenly making efforts for the advancement of its 100%-owned Razorback High-Grade Iron Ore Concentrate Project, located in the Braemar – a promising iron ore mining region.
Recently, Magnetite Mines announced the results of a technical investigation into ore sorting. This is a technology which has the potential to transform the economics of the Company’s flagship Razorback Iron ore project and improve the sustainability outcomes by reducing water use and tailings generation.
Coupled with considerable enhancements to ore mass recovery, the suitability of the ores from Razorback Iron Project to bulk ore sorting has been validated by the to date results in the study completed by NextOre.
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