When all is said and done about the CMR debacle perhaps Browns will still be a viable mine.
Below is an extract from Intec's announcement today.
Browns Sulphide Project Testwork
The Browns Sulphide polymetallic deposit in the Northern Territory is co-owned by Compass
Resources Limited (currently in administration and receivership) and Hunan Nonferrous Metals
Corporation Ltd. Efforts are currently underway to recapitalize Compass Resources and reinstitute
the joint venture between the parties.
Throughout 2010, Intec has continued to expend a very modest amount of resources on advancing a
proposed process flowsheet utilising the Intec Process to unlock the value of the metallurgically
complex lead, cobalt, nickel and copper bulk concentrate produced from Browns Sulphide ore.
The company anticipates that the Intec Process can potentially be transformative to the economics
of the project. The current work is intended to advance Intecs position as the critical technology
supplier to unlock the value of the ore, through the selective removal of the lead (representing the
greatest metal value in the ore) prior to subsequent recovery of other metals as smelter-grade
concentrates via conventional technologies.
A 10kg sample of Intec Process residue from the previously-reported laboratory-scale pilot plant
campaign, containing <1% lead (representing 95-98% selective lead extraction from the bulk
polymetallic concentrate using the Intec Process) is currently being subject to testwork with Ammted Limited to assess the metallurgical performance of the remaining copper,cobalt and nickel via convential flotation.
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