SUMMARY:
- Metallurgical testings confirms Paddy iron may be suitable for Direct shipping operations.
- Magnetite of such high quality that beneficiation may not be required.
- Paddy mineralisation is very low in phosphorous (<0.01%) and sulphur.
- Drilling planned in 5 weeks on ITT's granted mining lease.
- Surface sampling AVERAGED 65.7% iron.
VERY positive news. Anyone else excited over this news?