Lake Victoria Gold Reports Successful Metallurgical Test Results for Tanzanian Project
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New informationRepeats or wire copies
What happened
Lake Victoria Gold Ltd. reported results from metallurgical testwork conducted on the Imwelo Gold Project in Tanzania. The testing focused on Area C's clay-rich mineralization, with the work performed by Nesch Mintech Tanzania Limited. The company found that attrition scrubbing followed by desliming increased 24-hour gold extraction from 49.99% on as-received material to 84.54%. Bottle-roll testing on the pretreated fraction achieved recoveries of up to 88.15%.
From prnewswire.com
Why it matters
The successful testing demonstrates a viable path forward for the project's resource base. The findings suggest that the process optimization recommendations from Nesch Mintech could be advanced into the next stage of evaluation for the company.
Lake Victoria Gold operates in Tanzania.
From prnewswire.com
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Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- companySpeculative
The company might increase its potential revenue by advancing the successful extraction process.
How it developed
Newest first. Tap a step to see who reported it.Lake Victoria Gold Ltd. is drilling at Area C in Tanzania.1 source
Testing results suggest future production viability for the gold project.1 source
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The entities involved
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Tanzania
country in East Africa