Business
Ruoutevare Test Results
Ruoutevare Test Results.
About this update from Beowulf Mining Plc
[{"type":"text","content":"\n RNS Number : 4190E Beowulf Mining PLC 21 December 2009 \n \nBeowulf Mining Plc\n(\"Beowulf\" or the \"Company\")\n \nRuoutevare Iron Ore Deposit \nFurther Metallurgical Tests Update\n\nBeowulf (AIM: BEM; Aktietorget: BEO), the AIM and Aktietorget traded mineral exploration company which owns several exploration projects in Sweden, is pleased to announce that the Company has received further results of ongoing bench scale metallurgical tests on iron ore from its 100%-owned Ruoutevare deposit in Northern Sweden. \n\nThe tests are being conducted by MINPRO AB's (\"MINPRO\") research laboratory at Stråssa, Central Sweden and the latest results show a 5% increase to 95% in the iron content of the final product versus the previous test results announced in November 2009.\n \nHighlights:\n \n\n\n\nTests conducted to optimise the process for sponge iron production show improved final high grade product containing 95% iron and 1.5% titanium (November 2009 grades: 90% iron, 1.5% titanium)\n\n\n\n\nOngoing metallurgical tests further validate potentially economic extraction processes\n\n\nBench scale tests produce a high grade magnetite pellet feed product of 67.8% iron with low levels of contaminating metals\n\n\nThe quality and grades of all test products are of commercial standard and acceptable to potential international clients\n\n \nBased on large samples (>50kg) from the outcropping ore, the tests serve to further validate and optimise the earlier confirmed process using reduction techniques, in a laboratory scale mechanical oven, to fully extract the iron, titanium and vanadium from the Ruoutevare titanium-magnetite ore. \n \nWorking on crushed and milled Ruoutevare ore material, the latest tests show that a final product of high grade sponge iron powder containing up to 95% iron (Fe) with 1.5% titanium (Ti) can be obtained. The head grades of Fe 52.1% and TiO2 11.4% from the milled ore material studied compare very favourably with the study carried out on similar material in the 1970s by the Geological Survey of Sweden showing Fe 53.0% and TiO2 12.3%. \n \nNew ben...