Magnum Mining & Exploration completed metallurgical test work on a bulk magnetite sample from its Buena Vista Iron Project.
The results highlight the feasibility of generating a high-grade magnetite concentrate with a grade of 68.3% Fe through basic grinding processes.
The metallurgical testing confirmed that the magnetite concentrate achieved low silica and aluminum levels, meeting direct reduction iron grade requirements.
Further exploration into flotation methods is underway to pursue a higher-grade product with lower contaminants.