Additional Disclosure re Kookynie Tailings Update
Filed with ASX · · 13 pages · English
Summary by 6ix AI
Nex Metals Exploration Ltd has released an update regarding the Kookynie Tailings Project, confirming gold grades and identifying tungsten as a potential byproduct from metallurgical test work. The results indicate that approximately half of the tailings mass is suitable for gravity processing, with a defined processing pathway to maximize gold recovery. The presence of scheelite, a tungsten-bearing mineral, presents an unexpected opportunity for additional revenue alongside gold extraction. The company aims to establish its own beneficiation capability at Kookynie, supported by a clean environmental profile.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Nex Metals Exploration Ltd on 6ix
Story so far
Earlier from Nex Metals Exploration
- Kookynie Tailings results confirm Gold, potential Tungsten
- Completion of Arika JV divestment unlocks value for NME
- Amended Egypt Gold Update - North Henai Recon
- Egypt Gold Update - North Henai Recon Confirms 5km Veining
- NME and WTAC form Gold Exploration JV
Later from Nex Metals Exploration
- First project in NME WTAC JV - West Point Gold Copper
- Kookynie Tailings results demonstrate gold recovery pathway
- NME-WTAC JV Second Project - East Scotia Gold
- Retracted and amended West Point Gold Copper Project
- NME progresses Kookynie Tailings with site selection
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