Home Search Watchlist Advertise Feedback Profile



Magnum Mining & Exploration Confirms High Grades from Drilling and Surface Sampling at Buena Vista Iron Project — ASX:MGU| ASX Mining News & Discussion
L
Lykeshares Official
$MGU Magnum Mining & Exploration Confirms High Grades from Drilling and Surface Sampling at Buena Vista Iron Project
Magnum Mining & Exploration (ASX: MGU) is pleased to announce the assay results from extensive surface sampling and drilling conducted at its Buena Vista Iron Project in Nevada, USA. The company's findings confirm high-grade magnetite deposits, indicating the project's potential for a Direct Shipping Ore operation.

Extensive Sampling and Drilling Results

Assays have been received from the extensive surface sampling and drilling campaign carried out at the Buena Vista mine site. The results reveal outcrops with grades of up to 67.4% Fe, demonstrating the presence of substantial magnetite deposits. The drilling campaign confirmed the existence of thick zones of magnetite ore that were not previously sampled.

Promising Iron Grade Intercepts

Magnum also reported the results from the first drill holes into the Iron Horse Prospect, recording high-grade intercepts of iron ranging from surface up to 52.5% Fe. These findings further validate the significant iron resources present at the Buena Vista Iron Project.

Contribution to Technical ...
Magnum Mining & Exploration Confirms High Grades from Drilling and Surface Sampling at Buena Vista Iron Project

L
Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
L
Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
L
Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
L
Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
L
Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
L
Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
L
Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?