Southern Palladium reports positive results for Bengwenyama Metallurgical Tests

Southern Palladium has reported results from metallurgical test work undertaken as part of the Definitive Feasibility Study (“DFS”) for the Bengwenyama PGM Project.

Highlights:

• Metallurgical test work on Southern Palladium’s Bengwenyama Platinum Group Metals (PGM) project UG2 metallurgical sample conducted by RM Process Pty Ltd and MAK Analytical confirms the high-grade nature of the Bengwenyama UG2 Mineral Resource.
• Test work results show that a significant increase in chromite concentrate recoveries is achievable from a coarser grind spiral feed. Recoveries of 65% were achieved in the test work compared with 30% assumed in the Optimised Pre-Feasibility Study (OPFS).
• The doubling of high-grade chrome concentrate recoveries has a materially positive impact on project revenues, with chrome comprising 12% of revenue in the OPFS.
• Adding a Dense Media Separation (DMS) circuit, which wasn’t included in the OPFS flowsheet, removes a significant proportion of waste rock, thus reducing the size of the planned downstream mill-float circuit.

Managing Director Johan Odendaal, said: “Southern Palladium continues to make strong and steady progress across all fronts of the DFS. Results from metallurgical and geotechnical drilling programme — including consistent UG2 reef intersections at shallow depths — reinforce our confidence in the robustness of the orebody and show material upside to high-grade chrome production and improved PGM recoveries”.