EMC Metals (TSE:EMC) announced that it has received results from the first of three independent metallurgical test-work reports.
The press release is quoted as saying:
This entire Hazen test-work program is scheduled for completion by June 2011, and will potentially offer improvements to the capital and operating cost figures derived from previously defined processes in the Roberts & Schaefer engineering report (see EMC press release dated July 28, 2010). These updated metallurgical test results are expected to be incorporated into a feasibility study (FS), which EMC plans to initiate in Q3 2011, and complete in Q1 2012.
George Putnam, President and CEO of EMC, said:
“We are pleased to be fully underway with our met test-work programs, now that we have duplicated the prior work done by other groups on this resource. The Hazen Phase 1 findings give a solid scientific platform from which to seek processing improvements, by both optimizing costs and improving product recoveries. This Phase 1 work generated numerous ideas for improvement, while eliminating others in a useful prioritization of next steps.”