Kazax Minerals Inc.

Astana-based KazaX Minerals Inc. (KazaX) is finalizing the Definitive Feasibility Study for its Lomonosovskoye (LOMO) Project, near the established iron-ore mining district of Rudniy in northwestern Kazakhstan.

KazaX has recently announced an upgrade in the mineral resources classification at LOMO which includes 507.8Mt Measured & Indicated at 29.89% Fe. The deposit demonstrates a similar geological setting to nearby operating magnetite Fe open pit and underground mines.

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  • Feasibility stage iron ore project
  • NI 43-101 M&I Mineral Resource of 507.8Mt at 29.89% Fe
  • Located in prolific mining district with operating mines
  • Regional infrastructure in place
  • Strategic country location to potential off-take partners (Russia, China)

LomonosovskoyeIron Ore, Kazakhstan

Proven asset with growth potential The Lomonosovskoye Project ("LOMO") is situated in the Kostanay Region of northwestern Kazakhstan, near the city of Rudniy approximately 618 kilometres from the country's capital of Astana. Rudniy, which in English translates to "ore", was established to support a prolific mining district with numerous operations that have been producing iron ore for the last 50 years

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