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The latest announcement is out from Caspin Resources Ltd. ( (AU:CPN) ).
Caspin Resources Ltd. has announced promising initial results from ore sorting tests at its Kelpie Tin Deposit, part of the Bygoo Tin Project in New South Wales. The tests, conducted using TOMRA Ore Sorting Solutions, indicate significant potential for upgrading both high-grade and low-grade tin samples, with mass rejections of 71% and 92% respectively. This advancement suggests that ore sorting could play a crucial role in optimizing the project’s process flow, potentially lowering economic cut-offs and reducing plant size and costs. The company is encouraged by these results and plans to proceed with more detailed testing, marking a significant milestone in its development strategy.
More about Caspin Resources Ltd.
Caspin Resources Limited is a company involved in the mining industry, focusing on the exploration and development of mineral resources. The company is particularly engaged in the Bygoo Tin Project in New South Wales, where it aims to enhance its operations through innovative ore-sorting technology.
Average Trading Volume: 451,104
Technical Sentiment Signal: Hold
Current Market Cap: A$16.21M
Find detailed analytics on CPN stock on TipRanks’ Stock Analysis page.