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Western Magnesium Corp V.WMG.H

Alternate Symbol(s):  MLYF

Western Magnesium Corporation is a producer of green primary magnesium metal. The Company is focused on plant operations and magnesium production. It uses a continuous silicothermic process to produce magnesium with low labor and energy costs while generating minimal waste and toxic by-products. The Company's technology eliminates inefficiencies and allows for a continuous, mass production of magnesium. Its magnesium is used for technological advancement opportunities for American industries including auto, airline, aerospace, and protecting national security interests with the department of defense.


TSXV:WMG.H - Post by User

Bullboard Posts
Post by rod777on Jul 07, 2009 6:16pm
654 Views
Post# 16122687

MORE NEWS-HUGE 43-101

MORE NEWS-HUGE 43-101

Molycor's Tami-Mosi at 236 million tonnes inferred Mg

2009-07-07 17:06 ET - News Release

Mr. Larry W. Reaugh reports

NI 43-101 - 236 MILLION TONNE MAGNESIUM RESOURCE

Molycor Gold Corp. has provided results of the NI 43-101-updated resource estimate on its 100-per-cent-owned Tami-Mosi magnesium project in Nevada.

The report, adhering to the NI 43-101 standards, quotes 236,183,772 tonnes of an inferred resource at a grade of 10 per cent Mg.

The NI 43-101 resource study estimate at 8 per cent Mg cut-off is summarized in the table.

                               RESOURCE CALCULATIONS FOR THE TAMI-MOSI Section         Square metres    Metres   Cubic metres      Tonnes	          Mg %         Mg pounds43500N             	72,450	       100     	7,245,000     	205,75,800       	12.12      	5,486,331,312	43200N             	78,378	       100     	7,837,800     	22,259,352       	10.62      	5,200,675,001	43100N             	58,873	       100     	5,887,300     	16,719,932       	10.16      	3,737,239,201	4300N              	62,513	       100     	6,251,300     	177,53,692       	12.22      	4,772,902,557	42700N             	46,354	       100     	4,635,400     	13,164,536       	10.09      	2,922,263,701	42600N             	64,290	       100     	6,429,000     	18,258,360       	9.19	       3,691,475,225	42500N             	99,316	       100     	9,931,600     	28,205,744       	10.5	       6,515,526,864	42000N             	29,483	       100     	2,948,300     	8,373,172	        10.16      	1,871,571,405	4200N              	65,001	       100     	6,500,100     	18,460,284       	11.02      	4,475,511,253	41800N             	26,558	       100     	2,655,800     	7,542,472	        9.74	       1,616,200,900	41800N             	16,897	       100     	1,689,700     	4,798,748	        11.38      	1,201,414,549	41300N             	26,491	       100     	2,649,100     	7,523,444	        9.45	       1,564,124,008	4100N              	37,326	       100     	3,732,600     	10,600,584       	9.33	       2,175,875,872	40900N             	17,436	       100     	1,743,600     	4,951,824	        10.21      	1,112,278,707	40900N             	19,400	       100     	1,940,000     	5,509,600	        9.1	        1,103,021,920	40800N             	35,264	       100     	6,526,400     	10,014,976       	9.95	       2,192,278,246	                                        Total(undiluted) 	214,712,520	      10.51       49,638,690,722	           With 10 per cent dilution at the listed grade	  21,471,252	       4.89	       2,309,877,290                                Diluted tonnage and grade	236,183,772	      10.00	      51,748,568,012	 

The remainder

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