Market Alert : Tech Stocks Rally, AI Competition Escalates, and Inflation Rebounds

Begins Flotation Test Work Optimisation for Ashram Project

Mont Royal Resources Ltd (ASX: MRZ) has commenced a new phase of metallurgical flotation test work for the Ashram REE and Fluorspar Project in Northern Quebec, partnering with rare earth flotation specialists Auralia Metallurgy Pty Ltd. A 700kg bulk mineralised sample from Ashram has already arrived in Australia for accelerated analysis. 

This program builds on strong results from previous SGS Lakefield work, which delivered high-grade rare earth concentrate of up to 36% REO. The current test campaign aims to refine the existing flowsheet, assess the potential to produce a commercial fluorspar concentrate as a valuable by-product for Stage 1, and generate additional concentrate for further hydromet optimisation and emerging processing technology trials. Managing Director Nicholas Holthouse highlighted that the results will support de-risking, enhance economics, and reinforce confidence as the project advances through Preliminary Economic Assessment and Pre-Feasibility Study stages with Auralia as a key technical partner.

 

 

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au