Carlyle Commodities Corp. (OTC:CCCFF) Stock Gains 12%: What’s the Buzz?

Investors who are on the lookout for stocks that could be in action today may consider having a look into Carlyle Commodities Corp. (OTC:CCCFF) a bit more closely. The company had been in the news cycle on December 1 when it announced that it had started a baseline metallurgical test work program at its Newton Gold Project.

The Newton Gold Project is a bulk tonnage gold system that is situated around 100 kilometers to the west of the city of Williams Lake in British Columbia. CARLYLE COMMODITIES provided as many as five separate high-grade samples to Base Met Metallurgical Labs, based out of Kamloops, British Columbia. The samples had been sourced from the mineralized intercepts belonging to the 2023 core.

It was also noted that the five samples had been sourced from the drill holes N23-091, N23-89, and N23-090. Additionally, it was also noted that the individual samples could be tested, or composite bulk samples could also be created from the five separate samples. In the news release, it was further noted that Base Met employed a team of highly experienced professionals with significant experience in gold processing technology, comminution testing, flotation, automated mineralogy, and others. Additionally, the lab had also worked with some of the leading gold producers in the industry, like Newcrest, Newmont, and IAMGOLD. It also tested a range of types of deposits in Western Canada.

The sampling effort had been concluded at the core logging and processing facility of CARLYLE COMMODITIES CORP. It had been conducted under the leadership of Jeremy Hanson, who is defined as a qualified person as per National Instrument 43-101: Standards of Disclosure for Mineral Projects.

Hanson had also reviewed the technical and scientific information that had been the basis for the news release from Carlyle Communications Corp.