Posted in | News | Mining Business

Elcora Advanced Materials Corp. Tests Ore Samples Successfully

Elcora Advanced Materials Corp. has announced that the first 15 samples from one of Morocco’s 17 Polymetallic Vanadinite Research Licenses (16 km² each) have positive outcomes.

Elcora Advanced Materials Corp. Tests Ore Samples Successfully.

Image Credit: Shutterstock.com/ Adwo

The mineral crops out at more than a dozen spots in the southeastern section of the studied Research license area, which is a typical Horst type formation, and is coated by a few deca-centimeters up to a maximum of 12 m to 15 m of overburden.

Three structures were detected across a 2.5 km span, with samples taken from outcrops with even mineralization and minimal carbonate interference. Hand-held screw-type drilling and Pick and Shovel down to the ore layer’s bedrock were utilized to collect samples.

Due to the simple access and evenness of the mineralization, all samples were heaped and then mixed to make a homogenous mass in the first stage. All of the sample locations are marked on a map and are easy to find. The mineral was then delivered to the SGS-certified African Laboratory for Mining and Environment (AFRILAB) with a representative sample. The masses of lead (Pb) and vanadium (V) were found to be 45, 1%, and 6, 14%, correspondingly.

In a second exploration expedition, the local team collected 14 trench samples, which were subsequently tested by the SGS-certified AFRILAB. With a high of 50, 76% Pb and 6, 66% V, the masses’ results averaged 36, 52% Pb and 4, 125% V.

These tests have yielded outstanding findings, and Elcora’s in-country projects are on schedule — a Resource NI 43-101 report will be released soon, with the goal of starting production in 2022.

The AFRILAB test results show very high-quality Polymetallic Vanadinite ore that are superior to our initial projections. With Lead trading at about $2168 USD/ton on the London Metal Exchange (LME) and Ferro Vanadium 80% at $36.75 USD/kg (Europe Price, vanadiumprice.com) as of June 07, 2022, it does confirm the company’s strategy to increasing its revenue and new growth from opportunities in Morocco.

Troy Grant, CEO, Elcora Advanced Materials Corp.

Troy Grant added, “Surface deposit mining also represents for Elcora low risk and minimal capital outlay. We are diligently working on the process requirements set out by the Government of Morocco and our team.”

Source: https://www.elcoracorp.com/

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit
Azthena logo

AZoM.com powered by Azthena AI

Your AI Assistant finding answers from trusted AZoM content

Azthena logo with the word Azthena

Your AI Powered Scientific Assistant

Hi, I'm Azthena, you can trust me to find commercial scientific answers from AZoNetwork.com.

A few things you need to know before we start. Please read and accept to continue.

  • Use of “Azthena” is subject to the terms and conditions of use as set out by OpenAI.
  • Content provided on any AZoNetwork sites are subject to the site Terms & Conditions and Privacy Policy.
  • Large Language Models can make mistakes. Consider checking important information.

Great. Ask your question.

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.