The Australian metals company reported a high lithium recovery rate for the Manindi ore test

According to MetalsAustralia (ASX: MLS), a lithium ion battery metal exploration company, two samples of ore from the Manindi mine, a lithium concentrate produced in the Midwest state of western Australia, were tested for flotation with a grade of 3.05%, and the lithium recovery rate increased from 30% to 77% for a large amount of feed.

On May 10, 2018, metals Australia signed a binding agreement to transfer its stake in the Mile72 uranium project in namibia to MarenicaEnergy (ASX: MEY) for a $30,000 with a 1% dividend on future production.

The company said today that the preliminary Manindi lithium metallurgy test results of its project, located 500 kilometers northeast of Perth, yielded favorable concentrate grade and high lithium recovery.

"The initial plans for work on the metallurgical test of the lithium mica mineralization identified in Manindi provided some important and encouraging results for the company," director gino Deanna said.

According to the Australian metals corporation, the primary lithium deposit of Manindi is lithium mica, and tests indicate that flotation is the preferred option for processing the mineralization identified in the project.

"By using an unoptimized flowchart, the company has demonstrated that Manindi's lithium mineralization is capable of producing 3.05 percent lithium concentrate, comparable to similar lithium storage projects and in line with the final benchmark for lithium concentrate hosted by lithium mica in China," Mr. Danna said.

"Using these preliminary results, we can now confidently begin to engage with potential Chinese end users," he predicted.

Metall Australia compared the results to the LepidoliteHill project for lithium Australia (ASX: LIT), which produced lithium mica lithium concentrate grades of 3.34% lithium.

Manindi project

Mr D 'anna said the company would press ahead with the project in line with its new focus on the battery metal industry.

"The Australian metals corporation plans to complete a counter-cyclical percussion drilling project in Manindi to test the grade, thickness and continuity of the pegmatite levees that the project has identified," Mr. D 'anna said.

The company is also likely to use more diverse tools to advance its metallurgical testing efforts and drill out large diameter cores for metallurgical characterization.

The consultant from metall Australia recommends future testing to better represent future mill feed potential, to determine the best flow chart for mannindi specific mineralization, and to assess the crushing characteristics of mineralization and tantalum recovery.

The Manindi project includes three mining leases, located about 20km south-west of the historic Youanmi gold deposit in OZYouanmiGold, murchison district.

According to the Australian metals company, Manindi is "located in a fertile geological complex" and also has gold and "significant" untapped deposits of zinc.

After hitting an intraday high of a $0.007, Australian metal securities remained at a $0.006 at 1 p.m.

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