Ann: Salazar REE Project Metallurgical Testwork Update, page-6

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Paul7890

2,177 Posts.

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12/04/23

10:17

Post #: 67230393
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Originally posted by Circadian: ↑

Agree. The fact that WC1 mention "acid leach" strongly suggests that they have little to no ionic component of their resource. Using an acid would imply that gangue minerals (i.e. Fe, Al) also go into solution at low pH conditions, causing downstream separation challenges. I note that WC1 make reference to magnetic separation - this is likely due to the dissolution of iron into solution at these acid conditions. Additionally, if work has been underway since 2011 on this material it doesn't evoke much confidence in the project's economic viability. I hope I am wrong and I wish WC1 all the best in their endeavours.

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I have posted this previously here: https://hotcopper.com.au/threads/ann-update-on-salazar-ree-project-transaction.7022320/page-6?post_id=64361385

It is good to see they do reference this previous work, I'm also not sure how they are planning to leverage the past results to improve the leaching as they suggest so that remains to be seen...

WC1 Price at posting: 11.5¢ Sentiment: None Disclosure: Not Held
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Ann: Salazar REE Project Metallurgical Testwork Update, page-6

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Ann: Salazar REE Project Metallurgical Testwork Update, page-6

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