Fabulous news!
With Cloncurry East (which can itself pretty much justify MGU's present market cap) sittng snugly in our back pocket, here is today's news that our Gravelotte Emerald Project is seriously underway at last.
Indeed, in keeping with the philosophy of 'under-promise, over deliver', trial mining targeting recovery of 250,000+ carats of emeralds is "well underway with processing imminent".
The trial mining and program is expected to generate strong news-flow and allow Magnum Mining to enhance its knowledge of the various parameters to re-establish an emerald mining and processing operation in South Africa.
Exciting times. These guys are extremely capable.
Have a read of this Announcement, and do some calculations.
This is a beaut.
.
Ann: Trial Mining Program Commences at Gravelotte Emerald Project, page-2
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