NTL
08/09/2014 10:14
MINE
REL: 1014 HRS New Talisman Gold Mines Limited
MINE: NTL: Stockpiled Talisman Ore Prepared for Treatment
NTL previously announced it had moved approximately 50 tonnes of ore
stockpiled on the Talisman mine pad to an external storage facility.
NTL is pleased to announce today that it has removed a further 22 tonnes of
ore that remained on the Talisman mine pad to a crushing facility nearby the
mine. This ore was crushed and sampled and then moved in bins to a secure
storage facility.
NTL is also pleased to announce today that the 50 tonnes of ore previously
removed from the pad were recently relocated to a crushing facility for
crushing and sampling. Previous spot samples of this ore showed overage
grades greater than an ounce per ton.
The crushing process allows for an homogenous sample representative of the
entire batch to be taken for detailed analysis of the gold and silver
content. The results of the analytical testing are expected to be released
in the next week.
This ore is now ready for processing following sampling by both parties at
our potential toll treatment partner's facility.
Attached to this release are pictures of the ore being removed from the pad
and the crushing process.
Executive Director Matthew Hill noted "The board is delighted with progress
on removing and crushing the stockpiled ore in preparation for pilot testing
with our potential toll treatment partners. Once sampling is complete we will
be in a position to ascertain the value of the first ore off Talisman in
decades and we hope to be in a position to finalise toll treatment
arrangements in the coming weeks once sampling is complete."
End CA:00254973 For:NTL Type:MINE Time:2014-09-08 10:14:22
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