Golden Predator posts encouraging recoveries
Last updated 1/31/2016 at Noon
Golden Predator Mining Corp. Jan. 25 reported results from preliminary testing in advance of a bulk sampling program expected to begin later in the first quarter at its 3 Aces gold project in southern Yukon Territory.
The company said a conventional gravity facility has recovered 90.8 percent of the gold from a 108-kilogram (238 pounds) composite rock sample from the property.
A second sample consisting of 61.5 kilograms (135.6 pounds) of material composited from rejects from rotary air blast drilling returned a calculated gold recovery of 79.9 percent.
The calculated head grades of these samples are 82.03 grams per metric ton gold and 40.49 g/t gold, respectively.
"We are encouraged by the very high recoveries indicated in these preliminary processing tests," said Golden Predator CEO Janet Lee-Sheriff.
"These tests have enabled us to source an economical processing plant to be used for the upcoming bulk sampling program.
We look forward to refining our understanding of the mineralization, its distribution and its potential for recovery from the high-grade veins present at 3 Aces."