Unicorn Mineral Resources Plc, (LON: UMR), is today pleased to announce further positive results from the glycine leaching tests on the tailings samples from the Klein Aub Copper Mine, located in Namibia, which support the Company’s confidence in the project’s economic viability.
These laboratory tests have been carried out by Draslovka, using its world leading proprietary glycine extraction technology. Through the impact of adding an oxidation element, extending the test duration and increasing the temperature, it was possible to significantly increase the copper recovery percentage from the tailings. Furthermore, the upward trajectory of the curve suggests that the reaction had not completed and that further optimisation could result in even higher recoveries. In addition, the tests have only looked at the extraction of the copper and work is still to be carried out to investigate the potential to extract the silver. The results are preliminary values and have been sent for independent analysis.
Work is underway to complete the acquisition of the 75% interest in Klein Aub, as set out in the announcement of November 2025, with completion expected in April 2026.
Commenting on these tests, Paddy Doherty, Chairman, said:
“We are delighted to be working with Draslovka on these tests. Their expertise in the field of glycine leaching technology, an environmentally friendly technology that helps to extract the value locked up in tailings, is helping to move this project from concept to a commercially viable proposition.”
This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended).
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For further information, please visit www.UnicornMineralResources.com or contact:
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Unicorn Mineral Resources Plc John O’Connor, CFO Tel: +353 86 259 5123 Email: John.OConnor@UMR.ie |
