Castile Resources Limited provided an update on its Total Mineral Resource Estimate at Rover 1. In addition to the Mineral Resource Estimate for the Rover 1 Project, Castile has now received the technical data to enable the magnetite component of this resource to be estimated. Castile now adds 933,000 tonnes of magnetite to that Indicated Resource category. The test work supervised by METS Engineering on behalf of Castile, estimated a metallurgical recovery of 67.7% to a high quality P9553mm magnetite rich product containing 96.4% magnetite which Castile has certified to Australian Standards.

The magnetite is concentrated by applying magnetic separation prior to the sulphide float. This separates the magnetite and allow the production of the high-grade magnetite.