“From approximately half way through the trial (around shift 60 on ‘x’ axis on Chart 1 below) gold produced, aligned well to recoveries expected from feed assays as gold in circuit reached equilibrium.” This is good evidence that there was considerable build up of gold in cct prior to the half way mark.
Other positives;
17.8g/t gold average plant feed (head grade) exceeded expectation.
Using the data and parameters established in Stage 1, the Company estimates >90% recovery is readily achievable in Stage 2.
$5.1M cash at the end of the quarter Further revenue expected in the short-term from gold recovered during the upcoming ball mill clean-out.
initial results indicate that a further 30% of gold to tails is recoverable with the addition of a Falcon concentrator.
No negative news (other than some might be disappointed by the rain delay); all positive from my perspective.
q report out, page-7
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