Trio Resources, Inc. announced that the company's initial shipment of 156 tons of mineralized material processed at United Commodity AG's Yukon Refinery is expected to generate revenues of approximately $236,000 for Trio Resources, Inc. The revenue estimates for the shipment are based on the recovery rates of silver (97%-99%), nickel (95%-97%), and cobalt (95%-97%), which have been produced at UC's cutting-edge facility. Based on Trio's previously announced Off-Take Agreement with United Commodity AG, the Company anticipates that its future shipments of mineralized material to UC will constitute more than double the volume of the inaugural shipment.
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- Trio Resources, Inc.'s First Shipment of Mineralized Material Producing Recovery Rates of Silver from 97%-99%; Nickel from 95%-97%; and Cobalt from 95%-97%