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Pele Mountain Resources Inc. (TSXV:GEM,OTCQX:GOLDF) announced that recovery at the Eco Ridge Mine will improve due to processing design improvements.
Pele Mountain Resources Inc. (TSXV:GEM,OTCQX:GOLDF) announced that recovery at the Eco Ridge Mine will improve due to processing design improvements.
As quoted in the press release:
The processing flow chart will be modified to optimize REO recovery and will include acid baking rather than the heap leach and bioleach methods proposed in the PEA. Acid-baking is a well-established process for extracting REO from monazite, the primary REO-bearing mineral at Eco Ridge, and is expected to improve mineral recoveries by up to 10-fold for Light REO such as neodymium oxide and by up to more than double for Heavy REO such as dysprosium and yttrium oxides.
Pele Mountain’s Executive Vice-President, Roger Payne said:
By employing well-established ore concentration and acid baking methods, we can produce much greater quantities of REO than presented in the PEA, while increasing uranium production as well.
Click here for the Pele Mountain Resources Inc. (TSXV:GEM) press release.
