Titiminas Silver (TITI.V) has completed and published the results of its first metallurgical test program on mineralized matrial from the Madre Sierra Silver mine and the Madre Sierra Norte vein system on its Peruvian flagship project. The bullet points below provide an excellent overview of the anticipated recovery rates and concentrate specifics with three concentrates expected to be produced at Madre Sierra, while a single copper-silver concentrate is eyed at Madre Sierra Norte.
This just the first test run, and more work will be completed in the near future, including working on additional cleaning and arsenic rejection measures to improve the payability levels of the concentrate by reducing or removing the impurities.
These initial results and the potential improvements further down the line will provide the base inputs to the preliminary economic assessment on the Sierra Madre project. That PEA is expected to be published in the final quarter of next year.
Disclosure: The author has no position in Titiminas but may initiate a long position in the near future. This post is for educational purposes only; be mindful investing in junior mining stocks is risky and you may lose your entire investment if things go wrong. Please read the disclaimer.
