🕔7/26/2010 9:16:44 AM
Havilah Resources NL (ASX:HAV) has previously published encouraging metallurgical results for its 100% owned Lilydale iron ore project southeast of Yunta, that show the primary low grade iron ore can be beneficiated into a high iron, low impurity magnetite product. Similar results have now been reported by several junior companies, exploring in joint venture on various Braemar Iron Formation iron ore projects in northeastern South Australia. This is indicating an emerging potentially important new iron ore province that has appreciable resource potential in addition to favourable metallurgical characteristics for upgrading to a premium product, and proximity to rail and port facilities.
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