PM1 0.00% 1.4¢ pure minerals limited

They should get some good tonnage at Julia. Mn grades are not...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 493 Posts.
    lightbulb Created with Sketch. 60
    They should get some good tonnage at Julia. Mn grades are not high but that is not the be all and end all. Met testwork to demonstrate ability to beneficiate the ore into saleable intermediate/end products will be key and Aurora’s historical testwork was positive in this regard (see one of their historical presentations).

    * Important to note: MZM ore after industry standard beneficiation process produces a high silica (impurity) concentrate. Hence MZM are trialling a new beneficiation process to tackle this problem. This is a big issue for them but they have been making good progress with the new CSIRO process.

    At the end of the day: size is not everything and even Mn grade alone is not everything.

    From here on, good news to follow assuming PM1 replicate/confirm the higher grades that Aurora historically drilled at the other areas. We should know in a few weeks.

    All IMO!
    Last edited by samstunning: 11/01/18
 
watchlist Created with Sketch. Add PM1 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.