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The latest announcement is out from EDM Resources Inc ( (TSE:EDM) ).
EDM Resources Inc. announced promising results from its Heavy Liquid Separation tests on high-grade zinc and lead samples from the Scotia Mine. The successful Dense Media Separation study suggests the potential for significant cost reductions in mineral processing through pre-concentration, enhancing operational efficiency at the mine and potentially impacting profitability by accessing otherwise uneconomic deposits.
More about EDM Resources Inc
EDM Resources Inc. operates in the mining industry, focusing on the extraction and processing of minerals, particularly high-grade zinc and lead. The company is involved in optimizing the operations of the Scotia Mine, aiming to enhance mineral processing efficiency and reduce costs.
YTD Price Performance: 0%
Average Trading Volume: 83,980
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$7.59M
For an in-depth examination of EDM stock, go to TipRanks’ Stock Analysis page.