Great Western Minerals Provides Update on Steenkampskraal Project

Loading...
Loading...
Great Western Minerals Group Ltd
GWMGF
provided an update on metallurgical advances on the Steenkampskraal ("SKK") rare earth project.Company President and CEO Marc LeVier stated, "We continue to make significant progress in de-risking the SKK project. The metallurgical testing is providing positive data with regard to the design criteria and flow sheet development and has validated assumptions in the PEA. We have confirmed the value of pre-concentration techniques and testing has shown there is an opportunity to simplify the flow sheet. This will allow for improved process efficiency and lower operating costs. The development work continues to demonstrate that the SKK project is one of the most robust REE deposits in the world with very low capital requirements supported by very high TREO grades."In 2013, the Company divided the metallurgical testing into three phases and, to date, has completed phase one and significantly advanced phase two. Test work is progressing and is expected to be completed in the fourth quarter
See full press release
Market News and Data brought to you by Benzinga APIs
Posted In: NewsGuidanceContractsAsset SalesManagementGlobal
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...