13.8 C
Supported byspot_img

Velocity Receives Positive Metallurgical Results at Rozino Gold Project, Southeast Bulgaria

Member of Europium Groupspot_img
Supported byspot_img

Velocity Minerals Ltd. announce it has received positive results from comminution, flotation & gravity recovery, and leach test work on a bulk sample representative of the entire Rozino gold project, located in southeast Bulgaria.

Results of this work will be incorporated into the Rozino NI 43-101 Preliminary Economic Assessment, which is in progress with results expected to be released in September 2018. Delivery of the PEA is the mechanism by which Velocity will earn a 70% interest in the Rozino gold deposit.

“Comprehensive metallurgical test work has provided us with positive results for inclusion into the Rozino PEA. The results included here provide Velocity with a mechanism to produce a 30 g/t gold concentrate, which is amenable to processing at the nearby Gorubso carbon-in-leach plant,” stated Keith Henderson, Velocity’s President & CEO. “The flotation test work has demonstrated that the process delivers a high-quality concentrate for input to the existing CIL plant. With extremely low sulphide contents, low carbon contents and negligible deleterious elements, this low-volume, high-grade concentrate should complement the development options being considered in the PEA.”

Supported by

Source: globenewswire

Supported byElevatePR Digital

Related News

OCSiAl expands SWCNT dispersion facility in Serbia to boost battery innovation

OCSiAl has completed construction of a state-of-the-art facility in Serbia dedicated to producing single wall carbon nanotube (SWCNT) dispersions. This facility, set to commence...

Europe’s position in the expanding battery market

The automotive industry is at a crossroads, necessitating transformation. Europe's focus on establishing expertise and capacity in battery cell production is crucial, supported by...

Ensuring responsible mineral supply chains in the renewable energy transition

The shift towards renewable energy is heavily reliant on minerals like copper, cobalt, bauxite and lithium for technologies such as batteries, electric vehicles, and...

Covas do Barroso: Local resistance against the push for lithium mining in Portugal

In the tranquil Portuguese village of Covas do Barroso, Nelson Gomes begins his day at dawn, tending to his cows and tending his vegetable...
Supported by
Supported by
Supported by
error: Content is protected !!