Zenith upgrades magnetite resource

ZENITH Minerals has boosted the resource at its Mount Alexander project in Western Australia as the company continues searching for potential development partners for the $A1.7 billion magnetite play.

Zenith upgrades magnetite resource Zenith upgrades magnetite resource Zenith upgrades magnetite resource Zenith upgrades magnetite resource Zenith upgrades magnetite resource

The inferred resource of 535 million tonnes grading 30% iron, 48% silicon dioxide, 2.2% aluminium oxide, 0.1% lead and 0.5% sulphur represents a 36% increase in tonnage at an improved iron grade.

loader