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Afferro Mining Inc. - Ntem Testwork delivers Concentrate product up to 68.5% Iron
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About this update from Affinity Metals Corp
[{"type":"text","content":"\n\n\n\n\n\n/NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO US\n NEWS WIRE SERVICES./\n\n\nTSX-V: AFFAIM: AFF\n\n\nLONDON, UK, May 2, 2013 /CNW/ - Afferro Mining Inc. (\"Afferro\" or the\n \"Company\"), the TSX-V (AFF) and AIM (AFF) listed exploration and\n development company, is pleased to announce metallurgy results for its\n iron ore project at Ntem, located in south west Cameroon.\n\n\nHighlights\n\n\nHigh grade concentrate ranging between 68.5% and 65.2% iron obtained\n from a grind size of 75µm to 150µm (P80), respectively\n\n\nExcellent mass recovery and iron recovery of 46.7% and 81.6% at 150µm,\n respectively\n\n\nResults obtained from pilot-scale tests (Low Intensity Magnetic\n Separation, \"LIMS\") of composite 15kg samples\n\n\nTesting designed to accurately reflect large-scale processing\n\n\nMarketable product with low deleterious elements\n\n\nDavis Tube Recovery (\"DTR\") tests on 125 samples show that an average\n 81.7% of iron is present as magnetite phase\n\n\nHigh level of consistency between LIMS and DTR testwork provides further\n confidence in LIMS results\n\n\n\n\n\n\n\n\nTable 1: Results of pilot-scale LIMS testing of Ntem samples\n\n\nGrind Size\n(µm P80)\n\n\nFeed\nFe %\n\n\nMass\nRec %\n\n\nFe\nRec %\n\n\nFe %\n\n\nSiO2 %\n\n\nAl2O3 %\n\n\nP %\n\n\nS %\n\n\n75\n\n\n37.4\n\n\n44.2\n\n\n80.9\n\n\n68.5\n\n\n4.25\n\n\n0.12\n\n\n0.01\n\n\n0.00\n\n\n106\n\n\n37.2\n\n\n44.9\n\n\n81.2\n\n\n67.2\n\n\n6.14\n\n\n0.17\n\n\n0.01\n\n\n0.00\n\n\n150\n\n\n37.3\n\n\n46.7\n\n\n81.6\n\n\n65.2\n\n\n8.55\n\n\n0.24\n\n\n0.01\n\n\n0.01\n\n\n\n\n\nLuis da Silva, Chief Executive of Afferro, commented:\n\n\n\"Ahead of the Mineral Resource Estimate (\"MRE\"), these excellent\n metallurgy results highlight the potential for a low-cost mining\n operation at Ntem, delivering a highly marketable iron ore product.\n Strategically located only 80km from the deep-water port being\n constructed south of Kribi, we believe that the economics of a\n small-scale operation at Ntem could be very exciting. We have now\n completed the first two phases of drilling at Ntem and we remain on\n track to complete the MRE and the infrastructure scoping study results\n during Q2 2013. We believe that Ntem could add significant value to our\n portfolio of assets, providing a potential low capex opportun...