ExGen Provides Update on Empire Mine Project
ExGen Resources Inc. has released an update on Phoenix Copper Ltd.'s exploration and development activities at the Empire Mine Project in Custer County, Idaho, USA. ExGen owns 20% of Konnex Resources, Inc., which holds the leases and claims to the Empire Mine Project. The company is pleased with the progress in metallurgical testing using an environmentally friendly agent called ATS, which may allow for the recovery and processing of copper, gold, and silver in one process. Additionally, drilling has commenced on the Navarre Creek prospect, with 60 holes planned. This drilling has the potential to be a game-changer for the project. ExGen is excited about the potential of the Navarre Creek project and eagerly awaits future progress updates and assay results.
The preliminary metallurgical testing of the Empire Mine open pit oxide material using ammonium thiosulfate (ATS) has shown robust recoveries of copper, gold, and silver. ATS is considered an environmentally friendly reagent that could replace the use of sulfuric acid and cyanide in the recovery and processing of copper and precious metals. The focus now is on optimizing metal recovery and applying appropriate capital and operating costs to the proposed process design.
ExGen is also pleased that reverse circulation drilling has begun on the Navarre Creek exploration project. This project exhibits geological traits consistent with hydrothermal precious metal deposition, and the drilling has the potential to uncover significant mineralization. The company is optimistic about the potential of the Navarre Creek project to be a company maker.
In conclusion, ExGen's update on the Empire Mine Project highlights positive developments in metallurgical testing and drilling activities. The potential for environmentally friendly recovery methods and the exploration of new prospects demonstrate the company's commitment to advancing the project and unlocking its full potential.
ExGen's update on the Empire Mine Project is a significant development that could potentially impact new businesses in the mining industry. The company's successful use of an environmentally friendly agent, ATS, in metallurgical testing for the recovery and processing of copper, gold, and silver in one process, is a groundbreaking achievement. This could potentially set a new standard in the industry, pushing other companies, especially startups, to adopt similar eco-friendly practices.
Furthermore, the commencement of drilling on the Navarre Creek prospect could potentially uncover significant mineralization, which would be a game-changer for the project and the industry. This could create new opportunities for businesses in the sector, particularly those involved in exploration and mining activities.
The focus on environmentally friendly recovery methods and the exploration of new prospects is a clear indication of ExGen's commitment to advancing the project and unlocking its full potential. This could serve as a blueprint for new businesses in the industry, encouraging them to adopt similar strategies and practices.
In conclusion, ExGen's update on the Empire Mine Project could have a profound impact on new businesses in the mining industry, potentially influencing their operational strategies and environmental practices.
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