Magnis Reports Further Positive Metallurgical Testing Results

Magnis Resources Ltd. (ASX:MNS) announced that ongoing metallurgical testing of ore from Block F South at its Tanzania-based Nachu graphite project continues to return “consistently high proportions of large and jumbo flakes in graphite concentrates.”

Highlights include:

• Up to 63.8% of graphite concentrate in jumbo flake category +300 microns
• Over 82% of graphite in large and jumbo categories in all tests conducted
• Consistently high graphite recoveries up to 97.1%
• Minimal ore variability within Block F South samples
• Product to demand high sale prices due to current shortage in large and jumbo flakes
• Current jumbo flake graphite price at $US1,800 per tonne
• Samples for partners and potential partners being prepared

Click here to read the full Magnis Resources Ltd. (ASX:MNS) press release.