Virgin Metals Inc. (CVE:VGM) reports positive preliminary metallurgical results for its wholly-owned Los Verdes project, Sonora, Mexico
The press release is quoted as saying:
The successful testwork, performed by SGS Lakefield Research Ltd., offers the potential for significant improvements to the recovery and marketability assumptions for the final concentrates as outlined in the projects existing Pre-Feasibility Report (2008).
Virgin Metals’ VP Technical Services, Darren Koningen says:
“Completing this phase of metallurgical testing has been a key requirement in moving this project forward” “The original report left a number of unanswered questions resulting in a very flexible and expensive approach to the plant design. With these new results, we can reexamine many aspects of the project in an effort to significantly improvement its overall economics”