on PPX Mining Corp (isin : CA69354U1003)
PPX Announces Excellent Test Work Results on Hole 7
PPX Mining Corp. has announced that leach and flotation tests conducted by BaseMet Labs on materials from Hole number CA 24-07 showed promising results. These tests aimed to determine recoveries and deleterious elements in the produced concentrate.
The high-grade material from Hole CA 24-07 exhibited significant oxide and sulfide mineralization. Oxide mineralization yielded 12 g/t gold and 3000 g/t silver over a 5.2 meters intercept, while sulfide mineralization returned 10.3 g/t gold, 1671 g/t silver, and 4% copper over 9.2 meters.
Leach tests showed 92.3% gold recovery and 89.0% silver recovery. Flotation tests indicated 97.1% gold recovery, 94.8% silver recovery, and effective copper concentration. The tests revealed low levels of potential deleterious elements, making the results highly satisfactory.
CEO John Thomas expressed satisfaction, citing excellent gold and silver recoveries using CIL technology and encouraging results from sulfide material flotation, with minimal penalty elements.
R. E.
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