Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en
Continental Precious Minerals Announces Update on Metallurgical Testing of MMS Viken Samples
Published : March 18, 2011

Reduced Reagent Consumption Indicated

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Uranium |

TORONTO, ONTARIO--(Marketwire - March 18, 2011) - Continental Precious Minerals Inc. (News - Market indicators) (the "Company" or "Continental") announces an update on the metallurgical research on samples from its MMS Viken project in Sweden.

Recent results from bench-scale testing on Viken samples have shown a significant reduction in reagent consumption in metal recovery processing. Based on results to date, overall uranium and molybdenum recoveries should be little changed from values in the Preliminary Economic Assessment (PEA), although the rate of uranium leaching may be slower. Vanadium leaching from material roasted at larger scale than in earlier work returned vanadium extractions lower than that assumed for the PEA. It is unknown at present whether this is an effect of chemistry or the scale of the tests. Testing and confirmation are ongoing and the Company expects to release detailed results later this year.

The research is being carried out at Process Research ORTECH Inc. in Mississauga, Ontario. Al Hayden of EHA Engineering Ltd. is working with Process Research personnel on the project. Their previous research was incorporated into the Preliminary Economic Assessment filed on SEDAR on October 19, 2010. As alkaline leaching and roasting are the recommended methods of metal recovery to be applied at MMS Viken, a reduction of 85 to 90 percent in reagent consumption in the alkaline leaching for uranium extraction, as indicated by recent testwork, will have a direct impact on the operating cost and hence the cost of production.

The final results from the metallurgical research will be incorporated into a pre-feasibility study and will be considered in the company's decision to build a pilot plant.

Qualified Persons

Dr. V.I. Lakshmanan of Process Research Ortech Inc. and Alfred Hayden, P. Eng. of EHA Engineering are qualified persons, as defined in National Instrument 43-101, are independent of the Company and are responsible for the technical disclosure contained in this news release.

About Continental Precious Minerals Inc.

Continental Precious Minerals Inc. is a multi-mineral exploration company with multiple interests and exploration licences in Sweden. Continental published an NI 43-101 compliant technical report on March 19, 2009, that estimated an inferred resource at MMS Viken of about 2.81 billion tonnes containing 17 billion pounds of vanadium, grading at 5.4 pounds per ton, 1.5 billion pounds of molybdenum at a grade of 0.49 pounds per ton and one billion pounds of uranium at a grade of 0.3 pounds per ton. Resources have been reported using an average internal (processing plus G&A) US $7.50/tonne NSR cut off. Since March 2005, Continental's primary goal has been to advance its Swedish assets. The Company is also evaluating other opportunities as they emerge in current market conditions.

Cautionary Statement Regarding Forward-Looking Statements

This news release contains forward-looking statements regarding anticipated results of metallurgical studies expected to be released later this year and the anticipated impact on operating costs and the cost of production, a pre-feasibility study and possible pilot plant at the MMS Viken Licence and surrounding licences in Sweden. There is no assurance that the Company will in fact be able to reduce reagent consumption, operating cost or cost of production or ever be successful in extracting metals from the Company's mineral exploration licences in Sweden on a commercial scale, or at all. The forward looking statements contained in this news release represent the Company's views and expectations as of the date of this release and should not be relied upon as representing its views and expectations at any subsequent date.



Continental Precious Minerals Inc.
Ed Godin
President & CEO
(416) 805-3036
(905) 276-4862 (FAX)
godine@rogers.com
or
TMX / Equicom
Craig MacPhail
(416) 815-0700, ext. 290
cmacphail@equicomgroup.com

Continental Precious Minerals Inc.

EXPLORATEUR
CODE : CZQ.TO
ISIN : CA2119061026
CUSIP : 211906 10 2
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Continental Precious Min. est une société d’exploration minière de nickel et de palladium basée au Canada.

Continental Precious Min. détient divers projets d'exploration en USA, au Canada et en Suede.

Ses principaux projets en exploration sont MMS VICKEN et ABBORRVIKEN en Suede, CRATER OF DIAMONDS STATE PARK en USA et LAC ROCHER au Canada.

Continental Precious Min. est cotée au Canada. Sa capitalisation boursière aujourd'hui est 4,3 millions CA$ (3,4 millions US$, 3,0 millions €).

La valeur de son action a atteint son plus bas niveau récent le 14 novembre 2008 à 0,23 CA$, et son plus haut niveau récent le 15 janvier 2010 à 8,82 CA$.

Continental Precious Min. possède 11 706 896 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Nominations de Continental Precious Minerals Inc.
23/07/2013Announces Resignation of Director
19/03/2013Announces the Appointment of Rana Vig to Its Board of Direct...
01/11/2012-Board Resignation
Projets de Continental Precious Minerals Inc.
31/03/2011(Lilljuthatten)Files NI 43-101 Technical Report on Lill-Juthatten Licence i...
18/03/2011(Mms Vicken)Announces Update on Metallurgical Testing of MMS Viken Sampl...
Communiqués de Presse de Continental Precious Minerals Inc.
15/10/2014Continental Precious Minerals Inc. Announces Results of Annu...
18/08/2014IIROC Trade Resumption - CZQ
18/08/2014IIROC Trading Halt - CZQ
14/05/2014Continental Precious Minerals Completes Flow-Through Financi...
14/04/2014Boxxer options DOK property in NW British Columbia
14/04/2014Continental Signs Option Agreement with Boxxer Gold Corp.
08/04/2014Continental Precious Minerals Inc. Completes Share Consolida...
30/10/2013-Litigation Update
30/07/2013Litigation Update
31/05/2013CEO and Former Director Seeks Golden Parachute Payment
17/04/2013February 28, 2013 Results
03/04/2013Releases Additional Assays From Viken
15/01/2013November 30, 2012 Results
23/10/2012on Metallurgical Testwork on Continental Precious Minerals' ...
02/08/2012Bioleaching Tests Commence on Continental Precious Minerals'...
23/05/2012Announces Dismissal of Application by Dissident Group
05/03/2012Update on Reduction of Net Profits Royalty Interest
27/02/2012Reduction of Net Profits Royalty Interest
22/02/2012Corporate Update
16/01/2012Shareholder Update
14/07/2011Granted 14 Additional Exploration Licences in Southern Swede...
24/06/2011Enters Into Land Lease at Its MMS Viken Licence in Sweden
20/04/2011Extends Compensation Options
04/03/2011Completes Resource Estimate On Lill-Juthatten Licence
23/02/2011Provides Corporate Update
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TORONTO (CZQ.TO)
0,370+37.04%
TORONTO
CA$ 0,370
30/06 12:59 0,100
37,04%
Cours préc. Ouverture
0,270 0,370
Bas haut
0,370 0,370
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  0,370 -%
Volume var. 1 mois
41 500 -%
24hGold TrendPower© : -2
Produit
Développe
Recherche Molybdenum - Nickel - Uranium - Vanadium
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 22/12/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
6,72 AU$-4,95%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,15 AU$-2,71%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,45 AU$+0,88%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
0,93 US$+1,09%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,75 GBX-2,09%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,04 CA$+16,67%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
3,65 CA$-0,54%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
10,44 CA$-0,38%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,38 CA$+2,74%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,17 AU$-5,56%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
2,11 CA$-1,86%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
51,26 US$+6,06%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,03 AU$+3,13%Trend Power :