Well, if we had a functioning mill, this would be huge news. As for where we stand now, potentially good if not great news, but no guarantees. If we only had verifiable proof that the minerals other than the magnetite could be successfully mined from the claims, a group of claims like ours could bring potentially bring in big money offers with this news.
That being said, this is mots likely China posturing and will quickly change, probably long before the mill could be brought to proper working condition.