Investment company, Charter Pacific Corporation Limited (ASX:CHF) announced today the results of phase 1 trenching on the magnetite Banded Iron Formations (BIF) at its iron ore Kaoua El Khadra Permit (Permit 792) in Mauritania.
- Davis Tube Recovery (DTR)* results show mass recoveries up to 43.7% and concentrates up to 69.76% Fe
- Results continuing to show low impurity concentrates
- Targets being identified for further trenching and first phase drilling program
For the full announcement – click here.