New Pacific Reports Positive Results of Silver Sand Metallurgical Testing [Yahoo! Finance]
New Pacific Metals Corp. Common Shares (NEWP)
Company Research
Source: Yahoo! Finance
announce the positive results of its metallurgical test program for its Silver Sand project ("Silver Sand") located in Potosi Department, Bolivia . The test program was conducted to meet the standards required for the Company's upcoming Preliminary Feasibility Study (the "PFS"). Highlights from the test program include: Cyanide leach of the first composite sample with 145 g/t head grade, which consisted of 10% Oxide, 80% Transitional and 10% Sulfide, resulted in 92.7% silvery recovery and 1.40 kg/t sodium cyanide consumption on average. Cyanide leach of the second composite sample with 114 g/t head grade, which consisted of 10% Oxide, 65% Transitional and 25% Sulfide, resulted in 89.6% silvery recovery and 1.10 kg/t sodium cyanide consumption on average. Consistent recoveries (89.6 ~ 92.7% compared to 91%) with the Preliminary Economic Assessment ("PEA") released in January 2023 , with the total sodium cyanide consumption being lower than the assumptions made in the PEA. Poten
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Sec Filings
- 5/8/24 - Form 6-K
- 5/8/24 - Form 6-K
- 4/29/24 - Form 6-K
- NEWP's page on the SEC website