Strong initial results from Kayelekera ore sorting
Filed with ASX · · 5 pages · English
Summary by 6ix AI
Lotus Resources Limited has announced the commencement of ore sorting testwork at the Kayelekera Uranium Project, with initial results showing promising visual differences between product and reject streams. The testwork aims to confirm the suitability of Kayelekera ore for ore sorting technology, which could enhance project economics by reducing costs and increasing production. The company plans to continue testing over the coming months, with results expected to inform the Feasibility Study.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Lotus Resources Limited on 6ix
Story so far
Earlier from Lotus Resources
- Sale of non-core assets to deliver $2.5M in cash and sha
- Lotus to increase ownership of Kayelekera Project to 85%
- Share placement to raise $12.5 million
- Proposed issue of Securities - LOT
- Appointment of new Managing Director
Later from Lotus Resources
- Ore sorting testwork exceeds expectations
- June Quarterly Activities Report and Appendix 5B
- Mining and exploration licences renewed at Kayelekera
- Lotus acquire 6 million lb uranium project in Malawi
- Response to ASX query
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