UMC 0.00% $1.30 united minerals corporation nl

25mt at jumbo and counting...

  1. 12,504 Posts.
    lightbulb Created with Sketch. 1878
    Of the 62 holes drilled at Jumbo, 23 assays have been received from the lab,
    of which 15 returned positive for Fe mineralisation.

    The average grade was 53.6%, and as Barry mentioned, upgrading it to 63%+ Fe
    would involve a simple beneficiation process. I'm actually amazed that the average P
    level comes out at .03%. This alone would make it a much sought after ore. If fact,
    it would be perfect for blending with Brockman type ores.

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