Antilles Gold (AU:AAU) has released an update.
Antilles Gold Limited has retracted its previously issued production and financial forecasts due to non-compliance with regulatory listing rules, urging investors to disregard the information for investment decisions. Meanwhile, promising new metallurgical test results from the La Demajagua project in Cuba indicate potential for high recovery rates of antimony, a key component in the mine’s gold-silver-antimony concentrate. The company is preparing for a new Scoping Study that will incorporate these findings along with additional test work on arsenic stabilization and cost estimates for a more valuable gold dore production process.
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