A subsidiary of St. Genevieve Resources (TSE), ITEC-Mineral, has determined that it can recover economic quantities of precious metals from tailings at its Norbec-Manitou mill in Val d’Or, Que.
The subsidiary will temporarily cease operations in order to expand the plant’s capacity to 5,000 tons per day. Towards this end, it will endeavor to raise $7.5 million by the end of April.
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