Overview of GNM's recent announcement on magnetic separation testwork at Kuusisuo

Great Northern Minerals Limited (ASX: $GNM) has reported highly encouraging results from the magnetic separation testwork conducted at Kuusisuo, Finland. The preliminary testwork has demonstrated exceptional recovery rates of 96-98% for lithium in magnetic mineral concentrates, representing 45.7-50.5% of the original total mass. These results are significant as they support potential cost-effective processing solutions at Kuusisuo, indicating promising commercial outcomes for the company.

Executive commentary on the magnetic separation testwork results

GNM Managing Director, Cameron McLean, expressed satisfaction with the magnetic separation test results at Kuusisuo, highlighting the potential commercial benefits it represents. The company is enthusiastic about continuing its exploration efforts at Kuusisuo and is preparing to lodge an Exploration Licence application, anticipating its approval in the second half of 2024.

Summary of GNM's magnetic separation testwork and future outlook

The magnetic separation testwork at Kuusisuo has delivered highly promising results, indicating the potential for cost-effective processing solutions and commercial viability. The successful recovery rates of 96-98% for lithium in magnetic mineral concentrates are a significant development for GNM. The company's similarities to the processing pathways at the Cinovec deposit in the Czech Republic further enhance the prospects for Kuusisuo. GNM's future plans include the submission of an Exploration License application and further exploration work to fully evaluate the potential of Kuusisuo. The company's ambitions to pursue additional testwork and exploration activities reflect its commitment to unlocking the full potential of the Kuusisuo Lithium Project.