Newlox Gold Ventures (TSE:LUX) has released an update.
Newlox Gold Ventures Corp. has reached a record production month, with a notable increase in gold recovery rates to 93% at its Costa Rican Project 1, following metallurgical enhancements. The company also highlighted reduced processing costs due to the use of new environmentally friendly chemicals and efficiencies that counteracted inflation pressures. With the recent launch of Plant 2, Newlox Gold is poised for continued operational growth and increased revenue throughout the year.
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