Global-Tech Green Energy & Minerals Limited Provide Positive Results from Their 1st Test at Newly Granted Bolivian Projects
Global-Tech Green Energy & Minerals Limited, a Canadian based ethical lithium exploration and mining company who were recently granted 3 new exploration licenses for their 2 Pastos Grandes projects in Bolivia, has announced positive metallurgical test-work results in support of the pre-feasibility study (PFS) on their 1st test site.
- Metallurgical profiling using heavy liquid separation (HLS) at a coarser 11 mm crush size delivers primary lithium concentrate recoveries of up to 74% in the dominant P1 material.
- Dense medium separation (DMS) replicates HLS results at pilot scale, providing confidence in the proposed gravity plant design to deliver an economic outcome.
- Results support a low CAPEX gravity separation plant at a coarser 12 mm primary crush size; comparing favorably to the scoping study base case at a finer 7.4 mm crush.
- Lithium and feldspar concentrate quality test-work conducted to date exceeds off-taker requirements and can be achieved using standard gravity separation techniques.
- Test-work completed on a total of 3,400 kg of drill core in 38 composites tested across the Pastos Grandes project footprint with a focus on the first three years of planned mine production.
- Test-work completed to support commercial mining activities with targeted start date quarter 4, 2022.
Charlton Holmes, Chief Executive Officer of Global-Tech Green Energy & Minerals Limited, said: "Results have successfully demonstrated that we are produce high-purity, low contaminants lithium concentrate at a coarse 11-12 mm crush, which is much coarser than previously projected in the scoping study, providing potential for lower operating costs; especially within the dominant P1 material."
"Results have consistently delivered lithium ore quality that exceeds off-taker requirements and reaffirms the suitability of a simple dense medium gravity separation process route, boding well for low capital costs, operating costs and carbon intensities."
"Results of the metallurgical test-work program fully support production targeted for starting at the end of the year. The project is exceptionally well located; we believe it is challenging to find better located lithium projects elsewhere in this area."
Anyone wishing to obtain further information and news releases are advised to contact Mr. Rick Newstead, Investor Relations Director at Global-Tech via Email to [email protected].