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Rockfire Resources PLC - London-based gold and base metal exploration company - Says metallurgical tests from its Molaoi zinc deposit in Greece return excellent recoveries of zinc. Says the recovery of zinc is 89% with a product grade of 57% zinc concentrate. Assumes that the figure will increase with more detailed tests. The ongoing test work is being supervised by Perth-based metallurgical consultant BHM Process Consultants Pty Ltd.
‘Future tests will include a locked closed cycle and optimisation of the conditions used for the concentration process. Rockfire's metallurgical consultants expect the recoveries of each metal to further improve with more test work, which is planned,’ Chief Executive David Price comments.
Current stock price: 0.36 pence
12-month change: down 65%
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