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Balmoral Resources Reports Positive Metallurgical Results From Grasset

Teresa Matich
Sep. 30, 2015 09:17AM PST
Base Metals Investing

Balmoral Resources (TSX:BAR) reported results of initial metallurgical testing on drill core from the H3 zone at its Grasset project in Quebec. Locked cycle flotation tests have produced nickel recoveries of 86 to 87.3 percent, copper recoveries of 93.5 to 94.4 percent and palladium recoveries of 89 percent.

Balmoral Resources (TSX:BAR) reported results of initial metallurgical testing on drill core from the H3 zone at its Grasset project in Quebec. Locked cycle flotation tests have produced nickel recoveries of 86 to 87.3 percent, copper recoveries of 93.5 to 94.4 percent and palladium recoveries of 89 percent.
As quoted in the press release:

Initial testing of samples from two representative areas of the H3 Zone produced excellent nickel, copper and palladium recoveries. Locked cycle flotation tests performed using a simple and conventional flowsheet produced bulk nickel concentrates characterized by good nickel, copper and palladium grades. Based on the initial test work cobalt, platinum and gold also appear to have potential to provide payable credits in the concentrate.
Initial testing also indicates that the tailings produced from the recovery process would likely not be acid generating with pH values in the reducing range at 8.7 to 8.8. Metallurgical testing was performed on behalf of the Company by Blue Coast Research Ltd. of Parksville, British Columbia.

Balmoral president and CEO, Darin Wagner, said:

We could not have asked for much better results from this initial phase of metallurgical testing of the H3 Zone” said Darin Wagner, President and CEO of Balmoral. The reported nickel, copper and palladium recoveries rank in the upper quartile for producing and development stage nickel assets. On top of that the concentrates produced exhibit good nickel grades with potential for valuable copper, cobalt and precious metal credits and no significant contaminants. Blue Coast has suggested a number of potential paths to further optimize recoveries and concentrate grades as we move forward, but this is a great start.

Click here for the full press release.

balmoral resources tsx:bar
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