Mineral and Financial Investments' Jacques Vaillancourt, chief executive, presents the details of both their metallurgical test results at the Lagoa Salgada base metals project in Portugal as well as the PEA findings.
He says the results support the use of a conventional polymetallic process flowsheet, indicating that the project is likely to be able to produce three saleable concentrates and that recovery of copper, lead, zinc, gold, and silver will be possible.
For the PEA, the independent study reveals the Lagoa Salada project in Portugal is worth US$361mln.