SPR has reported some positive metallurgical results for Never Never and Pepper, showing strong ~92-93% recoveries with a 75μm grind and 48-hour leach. Test work has also shown that higher recoveries of up to 94-94.7% could be achieved by lifting the grind size to 53μm. The proposed Scheme of Arrangement with Ramelius Resources will go to a shareholder vote on the 11th July, 2025, where we expect the transaction to be voted through.
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