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PAY DIRT-01

Celsius Resources delivers excellent copper recoveries from MCB project

  • Calculated weighted average recoveries indicate an average copper recovery of 94% and gold recovery of 79%.
  • Copper recoveries of 96.7% and gold recoveries of 85.3% were achievable.
  • Metallurgical testwork completed by ALS in Perth indicates for all the defined ore types at the MCB Copper-
  • The copper-gold concentrate is of a high quality with an average copper grade of 26% copper, 6.5g/t gold.

Celsius Resources announced its Philippine subsidiary Makilala Mining Company, received excellent results from the metallurgical testwork completed from the MCB Project.

“The initial test results achieved at MCB are a great outcome for the Scoping Study, and have provided further confidence in the quality of the MCB project,” said Celsius’  Chairman Martin Buckingham.

“It’s very pleasing to see the impressive metallurgical recoveries which will underpin the outcome of the Scoping Study as this further confirms the ability to develop the project into a world class asset. 

The MCB Copper-Gold Project (MCB) is located in the Cordillera Administrative Region in the Philippines, approximately 320km north of Manila.

It is the flagship project within the company’s portfolio, which also contains other key prospects in the Philippines.

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