Ann: International Minerals Testwork , page-2

Some interesting news this morning but early days yet. The cash will be handy!!
Intec Ltd (ASX code: INL) has recently signed two contracts for the testing of the Intec Process on concentrate samples from international mining companies. These samples have now been received at Intec's laboratory, and testwork programmes have commenced.


Under a contract with AngloGold Ashanti, Intec will assess the performance of the Intec Gold Process on a gold concentrate currently being commercially produced. The result will be compared to the performance of conventional technologies for the same mineral feedstock, with the intention that, provided that the Intec Gold Process results are suitably favourable, the Intec technology would be included by AngloGold Ashanti as a viable metallurgical option for its future refractory gold projects under consideration or development.


A separate contract has been signed with a major zinc and lead minerals producer in the Middle East. Under this contract, Intec is examining two primary base metals-bearing mineral feedstocks. The data from this testwork and associated engineering will be put forward by Intec as a conceptual study for a significant full-scale minerals project in the Middle East over the next several years. Together, the two contracts are expected to yield approximately US$300,000 in testwork/engineering revenues over the next six months.