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Gold/Mining/Energy : PolyMet Mining Corp POM.V (was Fleck Resources) -- Ignore unavailable to you. Want to Upgrade?

To: chummer who wrote (560)	1/6/1999 12:36:00 AM
From: Jacek Nowak	Read Replies (1) \| Respond to of 708

Polymet releases Dunka Road pilot plant test results Polymet Mining Corp POM Shares issued 15,293,395 Jan 5 close $1.40 Tue 5 Jan 99 News Release Mr. Donald Gentry reports Initial results have been received from the metallurgical pilot plant test program performed by Lakefield Research Laboratories on drill cuttings produced from the company's 14 hole reverse circulation drilling program at its Dunka Road project. A total of 26 tons of drill cuttings was processed through the pilot plant on a continuous basis over 42 hours. Data pertaining to the feed (head) grade, minerals recoveries and bulk concentrate grade are provided in the following table. Cu% Ni% Co% Au Ag Pt Pd g/t g/t g/t g/t ----------------------------------------- Feed (Head) Grade 0.43 0.12 0.009 0.06 1.48 0.08 0.37 Mineral Recoveries (%) 93.7 77.1 46.4 76.6 69.9 76.4 75.8 Bulk Concentrate Grade 15.5 3.69 0.149 2.80 41.5 2.49 11.1 Results from the pilot plant testing program show the mineral recoveries obtained to be superior to those achieved by Amax in the late 1970s and Nerco in 1991. The relatively high grade concentrate produced exhibited good recoveries of both base and precious metals, weighing about 2.5 per cent of the original ore. The resulting concentration ratio was 40:1. This significantly enhances the potential for subsequent metals recovery operations to be economically viable. The primary objective of the pilot plant test program was to produce a bulk concentrate for further downstream metallurgical testing by both pressure oxidation and bioleaching. This testing will begin shortly. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com