Long awaited met testing results generally positive but some challenges
¦ Ampella has finally received and released the very long-awaited metallurgical test results for its ore at Konkera. All ore types show good recovery. ¦ Konkera is a low grade resource in West Africa. Met test results were the key risk to demonstrating a commercial project. These have now been delivered, reducing a significant risk from the project and from the stock. ¦ 30% of the contained gold is recoverable by gravity (a positive) and the balance by conventional metallurgy at a reasonable 106 micron grind size. ¦ Both oxide and sulphide ores show good recoveries. ¦ Test results for Konkera North and Main/East show very good recoveries after ultra fine grinding to 8-10 micron, or alternative treatment like the Albion sulphide oxidation process before subsequent leaching. ¦ Ultra fine grinding is only required for the floated sulphides and would be less than 5% of the initial mass and is estimated to contain 95% of the gold.
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Listen to the experts , not chat room panic merchants pretending they no what they're talking about . That is a good way to lose money .
Smart was buying today , not selling .
And they will be buying tomorrow also . Strong bounce on the cards IMO.
AMX Price at posting:
$1.49 Sentiment: Buy Disclosure: Held
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