This image is randomly selected and doesn’t necessarily represent the company or the news below.
New Age Metals Inc. (NAM) (TSXV:NAM); (OTC:NMTLF); (FSE:P7J) has announced the initiation of a PLATSOL™ leaching testwork program at its River Valley Palladium Project in Ontario. The testwork, conducted by SGS Canada Inc., will focus on drill core samples from the Dana and Lismer mineralized zones. This is part of a post-PEA metallurgical optimization program aimed at improving recovery of platinum metals, gold, and copper.
PLATSOL™ is a hydrometallurgical process developed by SGS Canada Inc. for recovery of PGM, gold, and base metals. Previous PLATSOL™ testwork studies have resulted in >90% recoveries of Pd, Pt, Au, and Cu. The River Valley Project could potentially produce a higher value product for off-site metal refining.
The River Valley Platsol study will start soon at SGS Lakefield and conclude in Q4 2023. D.E.N.M. Engineering Ltd. will manage the study for NAM. The results could lead to a full PLATSOL™ study in 2024.
About New Age Metals
New Age Metals is a junior mineral exploration and development company. It focuses on the discovery, exploration, and development of green metal projects in North America. The company has two divisions: a Platinum Group Element division and a Lithium/Rare Element division.
Company Website: https://www.newagemetals.com
The content presented on this page has not been manually verified by our team. While we strive to ensure accuracy, we cannot guarantee the validity, completeness, or timeliness of the information provided. Always consult with appropriate professionals or sources before making any decisions based on this content.