PMET Resources (PMET.TO) overnight Wednesday announced it has successfully produced marketable commercial grade pollucite concentrates from an initial bench-scale testwork program undertaken on representative material from the Vega Caesium Zone at CV13 Pegmatite, situated near 2.5 km along strike of the CV5 Pegmatite and forming part of the company's 100%-owned Shaakichiuwaanaan Project, located in the Eeyou Istchee James Bay region of Quebec. According to a statement, initial testwork supports pathway to potential valuable caesium by/co-product alongside lithium and tantalum at the CV13 Pegmatite.
Darren L. Smith, Executive VP Exploration, said: "These initial testwork results confirm that Shaakichiuwaanaan's CV13 Deposit has the potential to deliver highly marketable commercial grade pollucite concentrates using a relatively simple and cost-effective recovery method -- XRT ore sorting. This is an encouraging outcome for this stage of testwork, with strong recoveries and upgrading. Importantly, the reject material from the XRT circuit remains well sized for subsequent spodumene recovery via conventional DMS and tantalite recovery using gravity and magnetic methods, creating a clear pathway to potentially unlocking multiple value streams from the project."
He added: "A follow-up testwork program is being planned which will focus on optimization of the XRT circuit for pollucite recovery as well as subsequent recovery of spodumene and tantalite. The Company is actively exploring approaches and opportunities to unlocking this globally leading caesium opportunity at Shaakichiuwaanaan"
FireFly Metals Ltd (ASX, TSX: FFM), shy of 52 week highs in Canada, announced further high-grade infill drilling results from its underground drilling at the Green Bay Copper-Gold Project. According to a statement, an "extensive" six-rig underground drill campaign is underway at the Ming Mine with the dual objectives of growing the current Mineral Resource and, most importantly, upgrading more of the Inferred Resources to the comparatively more valuable Measured and Indicated (M&I) Mineral Resource categories. It said infill drilling continues to confirm the presence of strong and consistent mineralisation in areas previously subject to wide-spaced drilling, and added drilling of the upper high-grade copper and gold VMS lenses has returned exceptional intersections. Also, additional drilling of the broad copper stringer FWZ continues to highlight thick zones of mineralisation that are likely suitable for large-scale bulk mining. FFM said: "Infill intersections returned recently include world-class results".
FFM added the infill drilling results in this announcement suggest a "significant" increase in the higher confidence Measured and Indicated (M&I) Mineral Resource category may be expected in the Mineral Resource Estimate update planned for later this quarter.
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