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Australian Stock Exchange Announcements – Page: Online : 26-Aug-15

Australian-listed minerals exploration company Haoma Mining has issued an update on progress on test work at its Bamboo Creek project in Western Australia. The company states in the announcement that, in its June 2015 Quarterly Activities Report, shareholders were informed that test work on Bamboo Creek Tailings and other ore samples had successfully produced concentrates which contained significant grades of precious metals – gold, silver and platinum group metals (PGM). Since the June Quarter Report test work has continued at both Bamboo Creek and the University of Melbourne on the two stages of recovering precious metals from Bamboo Creek Tailings and other ore samples. Samples of Bamboo Creek Tailings and various iron ore samples have been processed successfully using Haoma’s Elazac Process to produce concentrates which contain significant quantities of precious metals – without smelting and without acid digestion. Test work continues with a view to determining the best method of efficiently recovering the gold, silver and individual PGM from the concentrates produced; and the best partner for the commercial refining of those concentrates.

CORPORATES
HAOMA MINING NL – ASX HAO, THE ROY MORGAN RESEARCH CENTRE PTY LTD, UNIVERSITY OF MELBOURNE