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    Greenland Minerals and Energy Updates on the Kvanefjeld in Greenland

    Investing News Network
    Feb. 23, 2012 08:24AM PST
    Rare Earth Investing

    Hydro-metallurgical leach studies on the mineral concentrates at the Greenland Minerals and Energy Ltd (ASX:GGG) Kvanefjeld Project have now been completed.

    Hydro-metallurgical leach studies on the mineral concentrates at the Greenland Minerals and Energy Ltd (OTCQX:GDLNF,ASX:GGG) Kvanefjeld Project have now been completed.

    As quoted in the press release:

    Key Outcomes:

    • Beneficiation through froth flotation has now been well-tested, and reveals industry-leading upgrade ratios from ore to mineral concentrate representing Leach studies on the mineral concentrates demonstrate that the REE-uranium bearing minerals are highly amenable to conventional acid leach/solvent extraction
    • Mineral concentrates can be leached under atmospheric conditions to yield extractions of 90-95% for uraniumand heavy REEs
    • Favourable leach solution chemistry allows for the generation of both heavy and light rare earth products
    • Major advances in beneficiation and atmospheric leaching allow for the development of an enhanced, efficient flowsheet utilising conventional methods with low technical risk
    • Developments eliminate the need for whole-of-ore pressure leaching and significantly reduce the scale of leach circuits, leading to a substantial reduction in capital expenditure
    • The Company is looking to finalise its preferred flowsheet and development scenario through Q1 2012, before finalising pre-feasibility work on the Kvanefjeld project

    Click here to read the Greenland Minerals and Energy Ltd (ASX:GGG) press release
    Click here to see the Greenland Minerals and Energy Ltd (ASX:GGG) profile.

    asx:gggotcqx:gdlnfgreenland minerals and energygreenland minerals and energy ltd
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