ASX Junior Studies Iron-Ore Mine in Chile

Mining Weekly reports Admiralty Resources (ASX:ADY,PINK:ARYRY) has commissioned a mining study for its Mariposa iron-ore project in Chile.

The market news is quoted as saying,

The company said on Monday that as a result of previous exploration and drilling results, there was significant information to perform a conceptual and prefeasibility study, as well as a geological and mining engineering study to support mine production and to test several options for the production process.

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