Fortbridge Media ReleaseMinotaur Exploration Ltd [MEP] - Exploration Target Upgraded for the Mutooroo Magnetite ProjectHIGHLIGHTS
A new Exploration Target of 2.2 4.2 billion tonnes at a Davis Tube mass recovery of 15% 18% has been estimated for the Mutooroo Magnetite Project in South Australia.
Concentrate with 70% Fe content produced from DTR samples.
This material is in addition to the Muster Dam Inferred Resource (reported November 2011) of 1.5 billion tonnes of magnetite at 15.2% DTR.