GOLD
Metallurgical testwork carried out at Aim-listed investment company Armadale’s Mpokoto gold project, in the Democratic Republic of Congo, has confirmed recoveries of 84% to 92%, significantly increasing the company’s confidence in the project’s proposed flow sheet. Mpokoto, which was situated in the DRC’s Katanga province, had a total mineral resource of 678 000 oz of gold from 14.58-million tonnes. The company was now focused on “rapidly” advancing this project into production in the first half of 2016. Armadale director Justin Lewis noted that the scope and scale of the project continued to develop in line with the company’s expectations, with a view to being able to deliver a low capital and operational expenditure commercial gold mining project in the near future.
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