"A metallurgical bulk composite sample of alluvium from 12 test pits across the Charley Creek project in the Northern Territory was tested. Results from this program now confirm that xenotime/monazite can be successfully concentrated into a high grade REO mineral concentrate using conventional low cost heavy mineral sand beneficiation techniques."
Sample was xenotime/monazite and a composite from 12 pits so "run of mine".
Obvious opportunity to enhance recovery (although obviously your not thrilled with the starting point) and selection of higher value xenotime feedstock.
Patient is not up and running but still has a pulse.
CUX Price at posting:
5.8¢ Sentiment: LT Buy Disclosure: Held