Business
Aitolampi Delivers High Grade Concentrate Results
Aitolampi Delivers High Grade Concentrate Results.
About this update from Beowulf Mining Plc
[{"type":"text","content":"\n \nRNS Number : 3334S Beowulf Mining PLC 02 October 2017 \n\n \n \n \nThe information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (\"MAR\") (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.\nFor the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of Kurt Budge, Chief Executive Officer.\n2 October 2017\nBeowulf Mining plc\n(\"Beowulf\" or the \"Company\")\nAitolampi Delivers High Grade Concentrate Results\n \nBeowulf (AIM: BEM; AktieTorget: BEO), the mineral exploration and development company, focused on the Kallak magnetite iron ore project and the Åtvidaberg polymetallic exploration licence in Sweden, and its graphite portfolio in Finland, is pleased to announce high grade concentrate results for composite samples from its Aitolampi project. \n \nHighlights:\n \n· Superior metallurgical response from all three samples compared with grab samples from outcrops analysed earlier this year.\n· The process flowsheet used was simple, yet proved to be very efficient.\n· The combined grades ranged from 96.8 per cent to 97.5 per cent Total Carbon (\"C(t)\") across the three samples.\n· All three samples responded similarly in terms of concentrate grades of the various size fractions. \n \nKurt Budge, Chief Executive Officer of Beowulf, commented:\n \n\"We are very pleased to have completed this latest testwork programme, and to get more positive results from our work at Aitolampi. \n \n\"We will shortly be appointing expert consultants to assess the suitability of Aitolampi's concentrates for different market applications. Following that, it's our intention to undertake a Scoping Study, and, in parallel, work towards defining a maiden Mineral Resource. \n \n\"We are methodically developing the Aitolampi project, and, with fieldwork across our portfolio this year, increasing our knowledge with respect to our other graphite prospects. \n \n\"Our ambition r...