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Resouro Strategic Metals Inc. (RSGOF) Outstanding Metallurgical Test Results - Tiros Project
Sydney, Australia (ABN Newswire) - Resouro Strategic Metals Inc. (ASX:RAU) (CVE:RSM) (FRA:8TX) (O...
About this update from Resouro Strategic Metals Inc
[{"type":"text","content":"\nResouro Strategic Metals Inc. (RSGOF) Outstanding Metallurgical Test Results - Tiros Project\n\n Sydney, Australia (ABN Newswire) - Resouro Strategic Metals Inc. (ASX:RAU) (CVE:RSM) (FRA:8TX) (OTCMKTS:RSGOF) is pleased to announce an update on its metallurgical studies for the Tiros Titanium and Rare Earth Elements Project in Brazil (\"Tiros Project\" or \"Tiros\" or \"Project\") which marks a significant milestone in the Project's development. The results from the metallurgical test work below indicate that Resouro, together with its partner Altilium Projects (Australia) Pty Ltd (\"Altilium\"), have the potential to achieve the highest rare earth extractions known across the industry to date.\n \n\n Highlights\n \n\n Following the July 18, 2024 release of the Company's maiden JORC Mineral Resource Estimate (\"MRE\") for the Tiros Project, Resouro has completed the first steps of its metallurgical strategy with its partner, Altilium.\n \n\n The aim of this metallurgical study was to achieve maximum extractions and recovery of Rare Earth and Titanium minerals, applying Altilium's patented technology, including acid regeneration with minimal acid loss as well as zero waste.\n \n\n Altilium assessed an approximately 50kg representative sample, covering five diamond drill holes of the Tiros JORC compliant resource in laboratory conditions and produced the following extraction results:\n \n\n Metallurgical Extraction using 50kg of representative sample.\n \n\n TEST L3\n \n\n TREY - 80.8%\n \n LREE - 81.6%\n \n MREE - 96.2%\n \n HREE - 74.8%\n \n\n President, CEO, Director and Founder, Chris Eager commented:\n \n\n \"Completion of our first stage of the Altilium extraction assessment for the Central Block of the Tiros Rare Earth project marks a pivotal moment for Resouro Strategic Metals and the industry as a whole.\"\n \n\n \"These extraction results, combined with the maiden JORC mineral resource estimate, provide our shareholders with confidence that Tiros' consistently thick, near surface and highly weathered clay-like material has strong potential to produce excellent results and meet the needs of the global demand for stable supply of rare earth critical minerals.\"\n \n\n \"Our metallurgical studies will continue the next steps with our partner, Altilium, whilst reviewing options from the more conventional metallurgical study...