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Magnis Resources Announces Quarterly Report to September 30, 2015

Matthew Spizziri
Oct. 29, 2015 11:45AM PST
Battery Metals Investing

Magnis Resources (ASX:MNS) announced its activities report for the quarter ended 30 September 2015 which was focused on the development of its Nachu Graphite Project in Tanzania, including some key events announced post quarter end.

Magnis Resources (ASX:MNS) announced its activities report for the quarter ended 30 September 2015 which was focused on the development of its Nachu Graphite Project in Tanzania, including some key events announced post quarter end.
As quoted in the press release:

HIGHLIGHTS

  • 99.2% TGC concentrate achieved in flotation process
  • Environmental Certificate granted
  • Special Mining Licence issued
  • Subsequent events announced included finalizing of Mineral Development Agreement, demerger of uranium assets, capital raising and MOU for project funding and EPC

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