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12 May
10:49

Magnetite Mines gains Muster Dam tenement

The South Australian Department for Energy and Mines has granted the Muster Dam tenement to Australian miner Magnetite Mines, according to the miner's report to ASX on Wednesday. Muster Dam is located in the same Braemar Iron Formation as the miner's Razorback iron ore project and is located 110km to the north east of Razorback. This mine has 1.5 billion tonnes of inferred mineral resources, with potential Fe concerntrate grades of 69.8%, Ka…
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