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Neometals Ltd ( (AU:NMT) ) has shared an update.
Neometals Ltd announced positive results from initial metallurgical sighter test work at its Ironclad Gold Deposit within the Barrambie Gold Project. The tests, conducted by Independent Metallurgical Operations Pty Ltd, revealed high gold recoveries using standard processing methods, with overall recoveries reaching up to 98%. These results highlight the potential for refining future test work strategies and optimizing gold recovery processes. The ongoing drilling at the Barrambie Project aims to further explore and develop the gold resources, potentially enhancing the company’s market positioning and stakeholder value.
More about Neometals Ltd
Neometals Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction and processing of gold, with its operations centered around the Barrambie Gold Project in Western Australia.
Average Trading Volume: 1,363,026
Technical Sentiment Signal: Sell
Current Market Cap: A$44.69M
See more insights into NMT stock on TipRanks’ Stock Analysis page.