LONDON (Alliance News) - BMR Mining PLC shares were trading higher on Thursday morning after the company said the metallurgical tests conducted on the Wash Plant Tailings and Leach Plant Residue Tailings from its Kabwe site in Zambia using an acid and brine leaching process to recover lead and zinc had been successful.
The results demonstrated high metal recoveries from both the wash plant and leach plant tailings.
"We are pleased to announce the results of the metallurgical test programme as a prelude to the establishment of a pilot processing plant, which confirm acid/brine leaching as the appropriate method for extracting a viable precipitate from our valuable resources at Kabwe," said Alex Borrelli, BMR's chairman.
BMR shares were up 16% to 5.9225 pence in early trade, one of the best performers in the AIM All-Share.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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