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Magnum Mining and Exploration: Completes bulk sampling at Buena Vista

Magnum Mining and Exploration Completes bulk sampling at Buena Vista

  • Magnum Mining and Exploration (MGU) completes a bulk sampling program at its Buena Vista project in Nevada, USA
  • The sampling program was completed on the existing open pit and stockpiles in the Western Pit area of the mine, and collected high, medium and low-grade ores
  • The work is aimed at supporting further recovery testing to assist in optimising the process flow sheet
  • The samples have been shipped to Australia for processing and once it receives results, Magnum will aim to further improve project economics
  • MGU shares are up 8.7 per cent to trading at 2.5 cents at 4:00 pm AEDT
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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