NetworkNewsBreaks – Eloro Resources Ltd. (TSX: E
Post# of 136
(Total Views: 207)
Posted On: 07/26/2023 4:58:24 PM
NetworkNewsBreaks – Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Announces Major Advances in Metallurgy for Iska Iska Project
Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) today announced major advances on metallurgy for the Iska Iska silver-tin polymetallic project in the Potosi Department of southern Bolivia. The tests were directed by Eloro’s Senior Strategic Metallurgist Mike Hallewell, C.Eng., a qualified person (“QP”) as defined by National Instrument 43-101 (“NI 43-101”) in consultation with Micon International Limited Principal Metallurgist Richard Gowans, P.Eng., an independent QP. Among the highlights, the company reported that preliminary tests at TOMRA in Germany indicate the mineralization at Iska Iska is amenable to “ore-sorting” with removal of at least 40% of the waste in the polymetallic domain and up to 80% in the tin domain, which would substantially increase concentrator feed grades as well as reduce future operating costs and significantly lower the cut off grades (“COG”) for the pending mineral resource estimate (“MRE”). “These positive metallurgical tests, particularly the ‘ore-sorting’ tests at TOMRA, have a major positive impact on the potential future production at Iska Iska,” said Tom Larsen, CEO of Eloro. “For this reason, and in consultation with our independent consultants, Micon International, we deferred completion of the inaugural MRE until these tests were completed and the results could be fully incorporated into the final MRE, which is now expected to be released in latter August.”
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) today announced major advances on metallurgy for the Iska Iska silver-tin polymetallic project in the Potosi Department of southern Bolivia. The tests were directed by Eloro’s Senior Strategic Metallurgist Mike Hallewell, C.Eng., a qualified person (“QP”) as defined by National Instrument 43-101 (“NI 43-101”) in consultation with Micon International Limited Principal Metallurgist Richard Gowans, P.Eng., an independent QP. Among the highlights, the company reported that preliminary tests at TOMRA in Germany indicate the mineralization at Iska Iska is amenable to “ore-sorting” with removal of at least 40% of the waste in the polymetallic domain and up to 80% in the tin domain, which would substantially increase concentrator feed grades as well as reduce future operating costs and significantly lower the cut off grades (“COG”) for the pending mineral resource estimate (“MRE”). “These positive metallurgical tests, particularly the ‘ore-sorting’ tests at TOMRA, have a major positive impact on the potential future production at Iska Iska,” said Tom Larsen, CEO of Eloro. “For this reason, and in consultation with our independent consultants, Micon International, we deferred completion of the inaugural MRE until these tests were completed and the results could be fully incorporated into the final MRE, which is now expected to be released in latter August.”
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
(0)
(0)Eloro Resources Ltd. (ELRRF) Stock Research Links
Scroll down for more posts ▼