Antimony Resources is moving towards wet commissioning of its Mexican antimony processing plant after crushing approximately 200 tonnes of ore at an estimated 12.6% antimony grade. Tim Young discusses the company’s rebrand, capital structure, proof-of-concept campaign, ore supply agreements and broader projects in Mexico and Nevada.
Key Highlights
- Approximately 200 tonnes of ore has been crushed at an estimated 12.6% antimony grade, with assay results still pending.
- The plant is moving through dry commissioning, wet commissioning and full-flow-sheet testing. The flotation circuit is about 90% complete.
- Previous flotation test work reported 81.1% antimony recovery and a 42.4% antimony concentrate, upgradable to 62.9%.
- Antimony Resources has a binding five-year ore supply agreement with the Chinantla mine, about eight kilometres from the plant.
- Four additional MOUs cover 2,330 to 2,430 tonnes per month of potential feedstock.
- The company is targeting first concentrate production and sales before scaling towards 150 tonnes per day nameplate capacity.
About Antimony Resources Limited
Antimony Resources Limited, formerly EV Resources, is an ASX-listed diversified metals and mining company focused on antimony. Its activities include a Mexican processing plant, third-party ore supply arrangements, the Los Lirios project in Mexico, and the Dollar and Milton antimony projects in Nevada.
Disclaimer
This podcast is for educational and entertainment purposes only and should not be considered financial advice. All investments carry risk, including the potential loss of principal. Listeners should conduct their own research and consider seeking professional financial advice before making investment decisions.
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