New Talisman Gold Mines advances processing plant commissioning
New Talisman Gold Mines (NZX: NTL) announced today advancements in commissioning its gravity separation processing plant. Initial lab assay results show roughly 70% recovery of heavy minerals like gold and silver. Modifications to the plant aim to boost recovery levels and throughput efficiency, and the company is confident in the plant's ability to process volumes of ore from the Bulk Sampling Mystery vein. The revised Traffic Management Plan for Talisman has received approval from the Hauraki District Council, and the Board has decided to commence Bulk Sampling. The company anticipates reporting assay grades in the coming months as they advance the Mystery vein, generating revenue from concentrate produced.
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