Cyclone Metals Ltd (ASX:CLE) CEO Paul Berend tells Proactive the company has produced a class-leading iron ore product with metallurgical test work on ore from the flagship Block 103/Iron Bear Magnetite Project in Canada, achieving a blast furnace concentrate of 68.7% iron with low impurities and silica content below 3.5%. The company achieved high recoveries of more than 97% from a sediment bulk sample of 1.6 tonnes containing 17% iron, a good representative of the overall deposit, which on average contains 18% iron.
Cyclone Metals produces class-leading iron ore product