Black Iron Successfully Test Produces Iron Ore Pellets from Its Shymanivske Project

Black Iron Inc. (TSX:BKI) reported results of initial independent pelletizing trials conducted by Mekhanobrchermet Laboratories in Kryiviy Rih, Ukraine on iron ore from its Shmanivske project.

As quoted in the press release:

The results demonstrate that pellets made from Shymanivske ore meet or exceed all of the necessary chemical and physical characteristics of commercial-grade iron ore pellets.

After pelletization, the pellets returned the following chemical analysis:

Iron (Fe) content	65%
Silica (SiO2) content	5%
Sulphur (S) content	0.001%

“These initial results are encouraging. The pellets produced satisfy all of the main physical characteristics for commercial pellets including high iron grade and contaminant levels well below acceptable cut offs. The data generated by MCM is expected to serve as a springboard for BBA and Hatch to use in their further development of the pellet plant flowsheet and cost estimates, which is one of two project development options being evaluated for our upcoming PEA/Scoping Study due in the fourth quarter of this year.”

Click here to read the Black Iron (TSX:BKI) press release.