Coronet Metals Inc. (TSXV:CRF,FWB:2CM,OTCQX:CORMF) reported that in its preliminary results from the gold recovery process at Liberty processing facility in Nevada recovery rates are well in excess of 90% and further test work is underway.

As quoted in the press release:

The new 25 ton per day (“tpd”) circuit comprises an 8 ton per hour concentrator and a gold extraction reactor. Fabrication of the concentrator is complete and it will be delivered and installed at Liberty within the next two weeks. The reactor unit is expected to be completed in early June at which point there should be sizeable amount of concentrated feed to process through the reactor. IMG is funding the fabrication of this circuit and the two companies are in discussions about a partnering arrangement that would bring IMG’s metallurgical and process expertise to Coronet’s Liberty facility.

Click here to read the Coronet Metals Inc. (TSXV:CRF,FWB:2CM,OTCQX:CORMF) press release
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