We're on a winner. Andrew knows exactly what he's doing. The rhyolite bedrock is the key. The other players have granitiod bedrock with all the impurities and met challenges.
Andrew Reid, Managing Director, commented:
“These results confirm BCM finds itself in the enviable position, after having completed a suite of tests under differing conditions with different reagents, that the Ema mineralisation has a fairly large window of conditions where rare earth recoveries and impurity concentrations are similar.
The unique characteristics of Ema means that BCM can now evaluate different processing strategies such as heap leaching and in-situ leaching on its journey towards a low CAPEX practical project solution that is tailored towards the current rare earth market and does not require pricing levels which are 2 or 3 times current spot levels as most projects now need.
Testwork programs to prove these alternative process strategies have commenced. The current drilling program is progressing smoothly and we expect to kick start the scoping study very shortly as we bed down the final criteria which will be used as the basis for the assessment“.
(20min delay)