Antilles Gold (AU:AAU) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Antilles Gold has reported promising results from metallurgical test work by BGRIMM Technology on their La Demajagua mine’s gold-arsenopyrite concentrate, indicating significant potential for antimony production. With a 77.9% recovery rate of antimony and a 92% recovery of gold expected, the company projects improved profitability for the project. The positive outcomes have prompted further engineering work towards a Scoping Study and eventual design and construction of a processing facility, aiming to make the mine development-ready by Q4 2025.
For further insights into AU:AAU stock, check out TipRanks’ Stock Analysis page.
