PUR 20.0% 0.2¢ pursuit minerals ltd

Ann: New Area of High Grade Mineralisation Confirmed at Airijoki, page-23

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  1. 4,142 Posts.
    lightbulb Created with Sketch. 158
    Results are average, worse than the last lot..

    "the average vanadiummagnetite concentrate grade was 1.6% V2O5. The mass recovery (the percentage of magnetiteextracted from the whole rock) varied from 9.0% to 17.3% and averaged 12.3% along the length ofNortheast Magnetic Zone.

    1.6% concentrates at 12.3% mass recovery.. does not sound very economical to me..

    They need to drill some better results to make this viable IMO.
 
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