Viridis Mining and Minerals Limited has reported the results of its maiden MREC metallurgical test work campaign

Sep 24, 2024

Viridis Mining and Minerals Limited (ASX: VMM) reported the results of its maiden MREC metallurgical test work campaign, conducted on a bulk sample from the Northern Concessions within the Colossus IAC Project, which has achieved the highest recoveries of TREO and MREO in an MREC product, using this form of low-cost flowsheet as the basis for the test work.

ANSTO completed numerous metallurgical tests under different conditions with variables in reagent choice and concentration, slurry density, pH level, and residence time. The large array of test work has made a significant breakthrough in the metallurgical characteristics of the Northern Concessions, allowing recoveries to be maintained at a higher pH while reducing AMSUL consumption by 40%, drastically improving the economic implications and potential of the Colossus Project in terms of both CAPEX / OPEX and basket value.

 

 

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com