- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Metalicity Releases Stage 1 PFS for Admiral Bay Zinc Project
Metalicity Ltd. (ASX:MCT) announced that it has completed the first phase of a prefeasibility study (PFS) for its Admiral Bay zinc project.
Metalicity Ltd. (ASX:MCT) announced that it has completed the first phase of a prefeasibility study( PFS) for its Admiral Bay zinc project. According to the company, the PFS confirms that the project “has the potential to support a capital efficient, long life and low-cost zinc/lead/silver operation.”
Other highlights include:
- Highly capital efficient Direct Shipping Ore (DSO) starter concept incorporated into the development plan.
- Mining studies evaluated potential mining methods and their geotechnical and hydrogeological impacts, with positive initial results from within the high grade zone.
- Resource validation and definition of the high-grade zone recommended for next drilling program.
- Conventional flotation processing with high projected metal recoveries with further metallurgical testwork underway with China Minmetals to confirm international saleable concentrate.
- Admiral Bay PFS Stage 2 to be undertaken with a JV partner, discussions with multiple parties advanced.
Matt Gauci, managing director of Metalicity, commented:
The Pre-Feasibility Stage 1 has delivered outstanding results for Admiral Bay and has de-risked the project in key areas that were identified from the Scoping Study and from discussions with potential JV partners.
Click here to read the full Metalicity Ltd. (ASX:MCT) press release.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.