July 5, 2024
Aeris Resources Ltd. (ASX:AIS, OTCPK:ARSRF, Not Rated, Taylor Combaluzier) reported flotation and Albion leach testwork results for its 100%-owned Stockman project in Victoria. The results demonstrated overall recoveries of 92% for Cu (was 76.6%), 92.8% for Zn (was 68.9%), 47.9% for Au (was 23.4%), and 74.8% for Ag (was 54.1%). We note that overall recoveries for both Cu and Zn are now >90%, while Au recoveries have seen a ~2x improvement. Aeris now plans to further study, engineer, and complete detailed metallurgical testwork on the modified flowsheet at the ore processing plant, to produce an export quality Cu concentrate and a bulk concentrate containing Cu-Zn-Au-Ag for further treatment. Aeris expects further developments to result in a simpler flowsheet for the ore processing plant that could enhance project economics. Read more
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Aeris Resources Ltd. – ASX:AIS
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