Newlox Gold Ventures (TSE:LUX) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Newlox Gold Ventures Corp. reports substantial improvements in gold and silver recovery rates at its Costa Rican Project 1 facility, thanks to its successful metallurgical optimization program. These enhancements have led to increased efficiency and lower costs while maintaining environmental standards, and are expected to be implemented in the company’s upcoming Plant 2. The company anticipates that these advancements, combined with favorable gold prices, will significantly bolster near-term production, revenue, and profitability.
For further insights into TSE:LUX stock, check out TipRanks’ Stock Analysis page.