Coziron reports completion of test at W. Sumatra iron project
Monday, April 23 2007 - 12:40 AM WIB
ASX-listed junior mining firm Coziron Resources Limited announced on Monday completion of detailed metallurgical test at its Rawang Gadang iron ore project in West Sumatra.
The company said significant conclusion deducted from the test including more than 69 percent iron ore concentrate grade, high weight recovery of concentrates and low impurity, all of which could lead to higher prices in the market.
The company said it had been granted mining license for the project, which could allow the company to commence future mining operations following the satisfaction of all economics and technical evaluations. (alex)