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Blackstone Minerals Ltd buoyed by strong palladium, platinum and rhodium recoveries in downstream processing tests


Blackstone Minerals buoyed by strong palladium, platinum and rhodium recoveries in downstream processing tests
Concentrate residue samples have been tested and determined to be amenable to chlorination leaching, which adds further value to its Downstream Business Unit.
Shares have been up as much 10.5% intra-day to A$0.37 while the market cap is around A$111.2 million.
Blackstone Minerals Ltd’s (ASX:BSX) (OTCMKTS:BLSTF) (FRA:B9S) preliminary hydrometallurgical test-work on pre-feasibility study (PFS) pressure oxidation (POX) residues from Ta Khoa Project in Vietnam has demonstrated excellent recoveries of Platinum Group Elements (PGEs) including palladium, platinum and rhodium. 
Concentrate residue samples have been tested and determined to be amenable to chlorination leaching, which adds further value to Blackstone’s Downstream Business Unit (DBU).  ....

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