Xtract Resources (GB:XTR) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Xtract Resources Plc has reported promising outcomes from a metallurgical study focusing on ore pre-concentration methods for its Bushranger Copper-Gold Project, which could significantly lower operating costs. The study highlighted the NovaCell™ Coarse Particle Flotation technique, which successfully concentrated 78% of copper into just 5% of the mass, far outperforming traditional methods. This advancement suggests a potential for more economical copper production, as the project aims to become a significant global copper contributor.
For further insights into GB:XTR stock, check out TipRanks’ Stock Analysis page.