operated by a subsidiary of Union Carbide
Corp., from 1962-1968. The manganese
mineralization is hosted in a 15 km-long
series of nine hills called the Matthews
Ridge Formation, while the strike length is
known to extend for more than 40 km. On
February 21, Reunion announced an initial
resource estimate; with an 8% Mn cut-off
grade total unconstrained measured and
indicated resources at 32.4 million tonnes,
grading 14% Mn.
MAGNESIUM – Mg
Magnesium is gaining increasing cache as
a lightweight metal for utilization in vehicle and aircraft components, helping lower
weight ratios and, in turn, fuel consumption. It also has increased appeal as an
alloying agent with steel and aluminium.
Gossan Resources Ltd. [GSS-TSXV] is
advancing the Inwood magnesium property in south-central Manitoba. In 2006,
the company unveiled a NI 43-101-compliant measured resource of just over 28.9
million tonnes, with a weight percentage
of 21.15% magnesium oxide and 30.91%
calcium oxide. The company retains rights
to the Zuliani magnesium production process, which is designed to lower operating
costs through the reduction of energy and
key raw material requirements. To prove
the technology, Gossan is undertaking a
four-stage evaluation process and is currently in stage three.
Nevada Clean Magnesium Inc. [NVMTSXV; M1V-FSE] changed its name from
Molycor Gold Corp. in April 2012. The
company is developing its wholly-owned
Tami–Mosi magnesium project close to
Ely, Nevada. The project has a NI 43-101
compliant inferred resource of 412 million
tonnes dolomite, grading 12.58% for 111
billion lbs (50.35 million tonnes) magnesium contained. A preliminary economic
assessment was completed in September
2011 and outlined a 30,000-tonne per
year (tpy) operation capable of producing 99.9% pure magnesium ingot over a
30-year period.
West High Yield Resources Ltd. [WHYTSXV] holds the Record Ridge South
magnesium property, 7.5 km southwest of
Rossland, British Columbia. Using a 12%
20 www.resourceworld.com
APRIL 2013
