Prodigy Gold Says Metallurgical Testing at Northern Territory Gold Project Highlights Potential for Gold Recoveries, Shares Fall 20%

MT Newswires Live

Mar 11, 2025

Prodigy Gold (ASX:PRX) said preliminary results from the second phase of metallurgical test work for the Hyperion gold project in the Northern Territory highlight the potential for excellent gold recoveries through a conventional carbon-in-leach plant, according to a Tuesday Australian bourse filing.

Oxide composite reported 48-hour recoveries ranging between 93.2% to 96.4% with a grade of 3.15 grams per tonne of gold. Transition composite reported 48-hour recoveries ranging between 92.7% and 96.6% with a calculated gold grade of 8.43 g/t.

Fresh composite reported 48-hour recoveries ranging from 64.6% to 72% at 6.09 g/t gold.

The results of the metallurgical test work will be incorporated into a detailed mine plan study for the development of the Hyperion project.

The firm's shares fell 20% on market close on Tuesday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2518761845"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2518761845\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2518761845?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-11 15:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2518761845","market":"sg","top_or_hot":-1,"title":"Prodigy Gold Says Metallurgical Testing at Northern Territory Gold Project Highlights Potential for Gold Recoveries, Shares Fall 20%","media":"MT Newswires Live","content":"<html><body><p> Prodigy Gold (ASX:PRX) said preliminary results from the second phase of metallurgical test work for the Hyperion gold project in the Northern Territory highlight the potential for excellent gold recoveries through a conventional carbon-in-leach plant, according to a Tuesday Australian bourse filing.</p><p>Oxide composite reported 48-hour recoveries ranging between 93.2% to 96.4% with a grade of 3.15 grams per tonne of gold. Transition composite reported 48-hour recoveries ranging between 92.7% and 96.6% with a calculated gold grade of 8.43 g/t.</p><p>Fresh composite reported 48-hour recoveries ranging from 64.6% to 72% at 6.09 g/t gold.</p><p>The results of the metallurgical test work will be incorporated into a detailed mine plan study for the development of the Hyperion project.</p><p>The firm's shares fell 20% on market close on Tuesday.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Prodigy Gold Says Metallurgical Testing at Northern Territory Gold Project Highlights Potential for Gold Recoveries, Shares Fall 20%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nProdigy Gold Says Metallurgical Testing at Northern Territory Gold Project Highlights Potential for Gold Recoveries, Shares Fall 20%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-03-11 15:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Prodigy Gold (ASX:PRX) said preliminary results from the second phase of metallurgical test work for the Hyperion gold project in the Northern Territory highlight the potential for excellent gold recoveries through a conventional carbon-in-leach plant, according to a Tuesday Australian bourse filing.</p><p>Oxide composite reported 48-hour recoveries ranging between 93.2% to 96.4% with a grade of 3.15 grams per tonne of gold. Transition composite reported 48-hour recoveries ranging between 92.7% and 96.6% with a calculated gold grade of 8.43 g/t.</p><p>Fresh composite reported 48-hour recoveries ranging from 64.6% to 72% at 6.09 g/t gold.</p><p>The results of the metallurgical test work will be incorporated into a detailed mine plan study for the development of the Hyperion project.</p><p>The firm's shares fell 20% on market close on Tuesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PRX.AU","symbol_name":"PRODIGY GOLD NL","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2518761845","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2518761845","pubTimestamp":1741676559,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Prodigy Gold  said preliminary results from the second phase of metallurgical test work for the Hyperion gold project in the Northern Territory highlight the potential for excellent gold recoveries through a conventional carbon-in-leach plant, according to a Tuesday Australian bourse filing.Oxide composite reported 48-hour recoveries ranging between 93.2% to 96.4% with a grade of 3.15 grams per tonne of gold. Transition composite reported 48-hour recoveries ranging between 92.7% and 96.6% with a calculated gold grade of 8.43 g/t.Fresh composite reported 48-hour recoveries ranging from 64.6% to 72% at 6.09 g/t gold.The results of the metallurgical test work will be incorporated into a detailed mine plan study for the development of the Hyperion project.The firm's shares fell 20% on market close on Tuesday.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PRX.AU":"PRODIGY GOLD NL","BK7104":"黄金"},"translate_title":"Prodigy Gold表示北领地黄金项目的冶金测试凸显了黄金回收的潜力，股价下跌20%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PRX.AU":0.9},"content_text":"Prodigy Gold (ASX:PRX) said preliminary results from the second phase of metallurgical test work for the Hyperion gold project in the Northern Territory highlight the potential for excellent gold recoveries through a conventional carbon-in-leach plant, according to a Tuesday Australian bourse filing.Oxide composite reported 48-hour recoveries ranging between 93.2% to 96.4% with a grade of 3.15 grams per tonne of gold. Transition composite reported 48-hour recoveries ranging between 92.7% and 96.6% with a calculated gold grade of 8.43 g/t.Fresh composite reported 48-hour recoveries ranging from 64.6% to 72% at 6.09 g/t gold.The results of the metallurgical test work will be incorporated into a detailed mine plan study for the development of the Hyperion project.The firm's shares fell 20% on market close on Tuesday.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}