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Celsius Resources ( (AU:CLA) ) has issued an announcement.
Celsius Resources Limited announced successful metallurgical test results for the first five years of its Maalinao-Caigutan-Biyog Copper-Gold Project, indicating high copper and gold recoveries. The results, which are part of the ongoing feasibility study update, show that the project can achieve copper recoveries of 95% and gold recoveries of 77% using a conventional flotation circuit, producing a high-quality concentrate. These findings support the project’s economic viability and consistent ore processing performance, which are crucial for the company’s operations and stakeholders.
More about Celsius Resources
Celsius Resources Limited is a company engaged in the mining industry, focusing on the exploration and development of copper and gold projects. The company operates primarily through its affiliate, Makilala Mining Company, Inc., in the Philippines, with a significant focus on the Maalinao-Caigutan-Biyog Copper-Gold Project.
Average Trading Volume: 7,029,074
Technical Sentiment Signal: Sell
Current Market Cap: A$34.49M
Find detailed analytics on CLA stock on TipRanks’ Stock Analysis page.