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Cap-Ex Ventures Ltd. Releases Preliminary Metallurgical Results on Block 103 Iron Ore Project
Cap-Ex Ventures Ltd. (TSXV:CEV,OTCQX:CPXVF) released preliminary metallurgical results on the Block 103 Iron Ore Project in Labrador. The results indicated marketable pellet feed product because of the chemical composition that will feed the pelletizing plant.
As quoted in the press release:
Based on laboratory test results, metallurgical performance for the operation has been projected as follows:
Magnetite Recovery 93.7% Concentrate Iron Grade 70.0% Concentrate Silica Grade 3.4% Concentrate Liberation Size P100 75µ Ore Hardness
SMC (Axb)
BWi (kWh/t at p80-32um)37
15.5
Cap-Ex Ventures Ltd. President and CEO, François Laurin said:
We are very pleased with these preliminary metallurgical results as they clearly demonstrate the viability of the product that should be produced from the Block 103 Project. We look forward to including these results into our upcoming PEA, which we expect to have completed by the end of June 2013.
Click here to read the Cap-Ex Ventures Ltd. (TSXV:CEV,OTCQX:CPXVF) press release
Click here to see the Cap-Ex Ventures Ltd. (TSXV:CEV,OTCQX:CPXVF) profile
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