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Heavy Minerals: Receives “favourable” metallurgy results for Port Gregory | Fintech InShorts: Latest fintech news, analysis by experts

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Heavy Minerals: Receives “favourable” metallurgy results for Port Gregory

By Steve Sam

August 15, 2022

Heavy Minerals Receives “favourable” metallurgy results for Port Gregory

Heavy Minerals (HVY) receives “favourable” metallurgical results from IHC Mining for its Port Gregory Garnet Project in WA
The results confirm that the project’s mineral sands can be processed readily using typical processing methodologies and equipment
A follow-up QEMSCAN analysis to determine garnet mineral liberation characteristics to assist with recovery optimisation is planned
HVY is expecting to deliver its scoping study in Q3 2022 and the second phase of the Port Gregory drilling is planned to commence in the third or fourth quarter of 2022
Shares in HeavyMinerals are down 4.76 per cent, trading at 20 cents at market close

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