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Frontier Rare Earths Making “Good Progress” on Zandkopsdrift Prefeasibility Study
May. 08, 2014 11:46AM PST
Rare Earth InvestingFrontier Rare Earths Ltd. (TSX:FRO) provided an update on the prefeasibility study being undertaken at its South Africa-based Zandkopsdrift rare earths project. CEO James Kenny said “good progress” is being made, also noting that the results should be announced “later in 2014.”
Frontier Rare Earths Ltd. (TSX:FRO) provided an update on the prefeasibility study being undertaken at its South Africa-based Zandkopsdrift rare earths project. CEO James Kenny said “good progress” is being made, also noting that the results should be announced “later in 2014.”
The company also commented on other corporate developments.
Specific prefeasibility study updates include:
- Metallurgical test work conducted in Q4 2013 and Q1 2014 has confirmed a number of process improvements to the PFS flow sheet that are expected to have a significant positive impact on capital and operating cost estimates.
- A revised flow sheet has now been finalised for the PFS incorporating these improvements.
- Remaining engineering design work for the PFS scheduled to commence in Q2 2014. Potential for low-cost production of a manganese sulphate by-product, which could generate significant additional revenue, being evaluated for inclusion in the PFS.
Click here to read the full Frontier Rare Earths Ltd. (TSX:FRO) press release.