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The latest update is out from Norwest Minerals Ltd. ( (AU:NWM) ).
Norwest Minerals reported strong metallurgical results from bottle roll testing on coarse-crushed oxide and transition composites from its Bulgera gold project, with gold recoveries of up to 92% at crush sizes of 25mm and 12.5mm and rapid leach times. The tests also showed very low reagent consumption, indicating that Bulgera mineralisation is well suited to low-cost heap leach processing and supporting further advancement of the project.
Building on these results, ALS has begun column leach testwork to refine metallurgical models, pad design and operating cost estimates, while consultants Orelogy Mining and MBS Environmental have been engaged to lead the heap leach scoping study and approvals strategy. The combination of high recoveries, fast kinetics and minimal reagent use is helping Norwest establish the technical foundations for a potential development decision at Bulgera, with implications for the project’s economic competitiveness and permitting pathway.
More about Norwest Minerals Ltd.
Norwest Minerals Ltd. is an Australian exploration and development company focused on advancing its Bulgera gold project, where it is evaluating low-cost heap leach processing of near-surface oxide and transition mineralisation. The company is progressing metallurgical and technical studies to determine the commercial viability of developing Bulgera as a gold heap leach operation.
Average Trading Volume: 1,661,153
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$12.98M
For detailed information about NWM stock, go to TipRanks’ Stock Analysis page.