21
Mar
13:31
Lincoln confirms 1.2 billion tonne magnetite resource
Lincoln Mineral has confirmed 1.2 billion tonnes of magnetite mineral resource on the Eyre Peninsula in South Australia, according to the company's latest announcement on 21 March.
The resource is 100% owned by Lincoln with average head grade of 25.7% Fe, average Davis Tube Recovery (DTR) of 22.5% and average concentrate grade of 66.4% Fe and 5.0% SiO2, Kallanish learns. "The mineral resources are considered to be of major Green Iron Projec…
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