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Santana Minerals Ltd. ( (AU:SMI) ) has shared an announcement.
Santana Minerals Ltd has reported significant improvements in metallurgical outcomes from its RAS and Srex gold deposits. The company completed whole ore leach tests on low-grade RAS mineralization, achieving high recoveries with low reagent consumption, and conducted additional leach tests on Srex deposits, which also showed improved outcomes. These results enhance the company’s project development prospects, offering greater flexibility for ore blending and potentially extending the operational life of its mining projects.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.07 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
More about Santana Minerals Ltd.
Santana Minerals Ltd is a company operating in the mining industry, primarily focused on the exploration and development of gold deposits. The company is engaged in metallurgical testing and analysis to optimize gold recovery from its mineral resources.
Average Trading Volume: 1,372,238
Technical Sentiment Signal: Buy
Current Market Cap: A$397.5M
See more data about SMI stock on TipRanks’ Stock Analysis page.