- Inomin Mines Inc. (MINE) achieved high magnesium, iron, and nickel recoveries from its 2021 Beaver drill core samples through test work
- The highest recovery value was 99 per cent magnesium, with 95 per cent iron and between 52 to 58 per cent nickel
- The company stated these positive test results are an important milestone for its Beaver-Lynx Property
- The next phase of exploration will define a resource on the Beaver block and test the Lynx block to see if mineralization is consistent with that found at Beaver
- Inomin Mines Inc. (MINE) is up 50.00 per cent, trading at $0.10 per share as of 11:43 am EST
Inomin Mines Inc. (MINE) achieved high magnesium, iron, and nickel recoveries from its 2021 Beaver drill core samples through test work.
The highest recovery value was 99 per cent magnesium. The hydrochloric acid (HCl) leaching also recovered 95 per cent of the iron and between 52 to 58 per cent nickel. The tests were performed at a temperature of 85 degrees Celsius, a hydrochloric acid concentration of 50 per cent HCl, and a retention time of three hours.
John Gomez, President and CEO of Inomin, commented,
“The results go a long way towards de-risking a key aspect of the project and provide a strong mandate to continue to drill test Beaver to define the extent of the high-grade magnesium and nickel, chromium, and cobalt.”
The metallurgical test work used HCI leaching to demonstrate the extraction effectiveness of conventional processing. The company stated these positive test results are an important milestone for its Beaver-Lynx critical minerals property in British Columbia.
The company’s 2021 drill program at Beaver intersected intervals of magnesium mineralization over a 5.7-kilometre strike length. All completed holes intersecting greater than 20 per cent magnesium content.
The next phase of exploration on the project will define a resource on the Beaver block and test the Lynx block to see if mineralization is consistent with that found at Beaver.
Inomin Mines Inc. (MINE) is up 50.00 per cent, trading at $0.10 per share as of 11:43 am. EST.