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Mindax: Halt Granted Pending Agreement On Mt Forrest Feasibility And Development

Mindax (ASX: MDX) has been granted a trading halt by the ASX pending the release of details surrounding the execution of a Heads of Agreement to progress the feasibility and development of the company's Mt Forrest Iron Project.

No further details have been released yet, but Mt Forrest hosts direct shipping ore potential - highlighted by grades exceeding 63% iron.

The halt will remain in place until the earlier of an announcement being made to the market, or the opening of trade on Friday 2 March.