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Heavy Minerals Targets Up to 50Mt Garnet at Kanmantoo, Eyes Funding Boost

8:26am on Monday 9th of March, 2026 AEDT Mining
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Heavy Minerals Targets Up to 50Mt Garnet at Kanmantoo, Eyes Funding Boost

8:26am on Monday 9th of March, 2026 AEDT
Key Points
  • Exploration Target of 30-50 million tonnes at 17-25% garnet grade
  • Includes fresh tailings and tailings storage facility material from Kanmantoo Copper Mine
  • Metallurgical testing confirms high-grade industrial garnet product
  • Funding negotiations underway with debt and royalty providers
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