Magnetic Resources NL ( (AU:MAU) ) has shared an announcement.
Magnetic Resources NL has reported encouraging results from recent metallurgical testing of its LJN4 mineralization, showing an average gold recovery of 93% across all oxidation states after implementing flotation and fine grinding techniques. This marks an improvement from previous methods, with significant recovery increases noted in samples with elevated sulphide content, suggesting a positive impact on the company’s operational efficiency and potential profitability.
More about Magnetic Resources NL
Magnetic Resources NL is a company involved in the mining industry, focusing primarily on gold extraction and recovery. The company is engaged in optimizing metallurgical processes to enhance gold recovery from its mineral deposits.
YTD Price Performance: 23.08%
Average Trading Volume: 55,414
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$362.8M
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