Perth based Radar Iron (ASX: RAD) has discovered significant intervals of magnetite mineralisation, including 154 metres at 29% iron, at the Johnstone Range project in Western Australia.
Davis Tube recovery test work indicates concentrate grades to 71.1% iron with high mass recoveries.
Radar said overall results averaged 28% to 30% iron, with the Davis Tube test work indicating that the magnetite rich formation at the Lara and Beven prospects can be beneficiated into high grade concentrates with low impurities.
These latest results are from reverse circulation drilling in late 2010 over 1388 metres.
The Johnstone Range project is located in the central Yilgarn region.