"Geology and mineralisation of the Fijian mineThe mine is rich in magnetite ore, which is contained within a vanadiferous titano-magnetite. The mineralisation occurs as flat sand measuring 15kmx4km in size and containing fine to coarse magnetite. The ore containing layer extends right from the surface up to 9.4m deep and is about 4.3m thick."
It would be great if iron sand could be TIVAN processed because there is plenty of it around. Apart from Fiji, there are other places that it can be found in this part of the world eg Tasmania and Indonesia.
I am sure it could be found in many other locations, maybe in the Northern Territory?
TNG Price at posting:
9.1¢ Sentiment: Buy Disclosure: Held