More soil sampling and trenching has demonstrated the appeal of MIL Resources (MGK.ASX).
See the latest announcement this morning. The company has identified a large 1km x 400m soil anomaly, and also two other anomalies for which results are pending.
MIL also has a world-class titanomagnetite (Fe-Ti) resource, but we think development of this could be a decade off, as they wait for a market for their product, and for developments in metallurgy to offer a compelling process for making high-strength steels.
Japan Foreclosed Guide Profiting from the Gold Boom Mining Fundamentals eBook
No comments:
Post a Comment