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Khalkos Exploration Inc. (TSXV:KAS) announced metallurgical tests were obtained from representative samples of the McNickel nickel-copper-cobalt deposit in Lac St-Jean, Quebec, which yielded recovery rates of 62.8% for copper.
Khalkos Exploration Inc. (TSXV:KAS) announced metallurgical tests were obtained from representative samples of the McNickel nickel-copper-cobalt deposit in Lac St-Jean, Quebec, which yielded recovery rates of 62.8% for copper.
As quoted in the press release:
The McNickel deposit is deemed to contain historical resources of 5.9 million tonnes with grades of 0.21% Ni, 0.11% Cu and 0.03% Co. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources and Khalkos is not treating the historical estimate as current mineral resources. Although it is a low grade deposit, Khalkos is testing the viability of open pit mining using new metallurgical processing techniques. Moreover, the current data demonstrate an excellent potential to increase the known deposit size by continuing the drilling on another zone that’s already known, at the north of the main zone.
To view the whole press release, click here.
