Moonlight shines bright

TRI-listed iron ore developer Ferrum Crescent has released a new JORC-compliant resource for the Moonlight deposit in the Limpopo province of South Africa, noting a jump in tonnages but a slight drop in grade.

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Total resources came in at 307.8 million tonnes grading 27.4% iron, of which 172.1Mt at 25.3% iron was in the inferred category, 83Mt at 27.4% iron was indicated and 52.6Mt at 31.

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