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Paterson Resources ( (AU:PSL) ) has issued an announcement.
Paterson Resources has announced promising geochemical test results from its Grace Project, indicating high potential gold recoveries. The cyanide leach tests demonstrated gold recoveries of 93.4% and 96.7%, suggesting the ore is amenable to conventional cyanide leach processes. This development positions the company to further refine its metallurgical processes and potentially upgrade its resource and reserve estimates, which could have significant implications for its operational strategy and stakeholder interests.
More about Paterson Resources
Paterson Resources is a company operating in the mining industry, focusing on gold exploration and extraction. Their primary market focus is on developing and optimizing gold recovery processes to enhance resource and reserve potential.
Technical Sentiment Signal: Buy
Current Market Cap: €2.57M
Find detailed analytics on PSL stock on TipRanks’ Stock Analysis page.