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Newlox Gold Ventures Corp C.LUX

Alternate Symbol(s):  NWLXF

Newlox Gold Ventures Corp. is a Canada-based environmental reclamation and mineral recovery company. The Company is engaged in the business of operating tailings remediation and gold recovery facilities in Costa Rica. The Company is focused on developing gold projects through precious metals recovery from mining waste. The Company produces gold through environmental remediation by recovering residual precious metals and contaminants from historical tailings. The reclamation process is designed to provide environmental remediation and gold production. The Company’s wholly owned subsidiary, Oro Roca, S.A., has built an environmental reclamation facility in Central America.


CSE:LUX - Post by User

Comment by JayBankson Jul 11, 2024 12:28am
91 Views
Post# 36127674

RE:RE:Finally!

RE:RE:Finally!

brewster123 wrote: I would be interested to hear what g/t the feedstock is coming in at.  Is it as high as they expected?

The feedstock is pre-measured and approved to be run at above 15g/t cut off, I wouldn't expect a meaningful variance in this, if the numbers are found low afterwards it is more likely a recovery rate issue in that they are losing it somewhere in the processing.

They have several miners they have on pre-approvals and they have another pre-approved provider where they would buy the feedstock directly and will not share proceeds on if they are struggling to get material to run.

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