Minotaur Exploration Limited [MEP] - Mutooroo Iron: a significant Magnetite iron discovery near Broken Hill Highlights: * Processing of airborne magnetic data reveals extensive, multiple magnetic anomalies in the Mutooroo area, 70km southwest of Broken Hill * Geophysical mapping identifies over 40km strike length of magnetite-rich sediments of the Braemar Ironstone within EL 3745 * High-resolution ground magnetic surveys confirm multiple magnetite-bearing horizons *The first two RC drill holes reveal extensive magnetite mineralised beds, up to 115m thick, with an average primary iron content of 20% * Inaugural Davis Tube Recovery tests produce a mass recovery of 21.8% magnetite and magnetite-rich concentrates with average grade 69.3% Fe Fortbridge.NET is a specialist web-based service for clients ("Issuer") of Fortbridge Consulting Pty Ltd. DISCLAIMER: The message and attachment issued with this email may contain "forward-looking statements", which are projections that reflect the Issuer`s reasonable beliefs based on information currently available. Fortbridge is a Public Relations consultancy. PRIVACY: You have been regarded as a relevant contact through research. Please consider the environment before printing this document.
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