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New Age Metals testwork aims to optimize PGM recovery

Jonathon Brown Jonathon Brown, The Market Online
0 Comments| September 26, 2023

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  • New Age Metals (TSXV:NAM) has begun an initial PLATSOL leaching testwork program on its River Valley Palladium Project near Sudbury, Ontario
  • This proof-of-concept PLATSOL study is part of a post-PEA metallurgical optimization program designed to examine new and alternative technologies for significantly improving recovery of platinum group metals (PGMs), gold, and copper at the River Valley Project
  • PLATSOL is a high-temperature and pressure acid leaching hydrometallurgical process developed for recovery of PGMs, gold, and base metals from low-grade, bulk-tonnage polymetallic deposits
  • Shares of New Age Metals opened trading at $0.050

New Age Metals (TSXV:NAM) has begun an initial PLATSOL leaching testwork program on its River Valley Palladium Project near Sudbury, Ontario.

In a news release, the Rockport, Ontario-based company said this proof-of-concept PLATSOL study is part of a post-PEA metallurgical optimization program designed to examine new and alternative technologies for significantly improving recovery of platinum group metals (PGMs), gold, and copper at the River Valley Project.

The PLATSOL testwork will be carried out by SGS Canada Inc. on concentrates of drill core samples from the Dana and Lismer mineralized zones. PLATSOL is a high-temperature and pressure acid leaching hydrometallurgical process developed at SGS Canada for recovery of PGMs, gold, and base metals from low-grade, bulk-tonnage polymetallic deposits. Based on the recoveries of PGM and copper elsewhere that were greater than 90 per cent, New Age Metals believes that PLATSOL presents a potentially unique opportunity to produce a much higher value product at River Valley for metal refining off-site.

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Source: New Age Metals Inc.

New Age Metals is a junior mineral exploration and development company focused on the discovery, exploration and development of green metal projects in North America.

Shares of New Age Metals opened trading at $0.050.

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