OGX 0.00% 0.3¢ orinoco gold limited

Its worth Re-Reading Ann 31st October 2018.Taking into account,...

  1. 2,475 Posts.
    lightbulb Created with Sketch. 855
    Its worth Re-Reading Ann 31st October 2018.
    Taking into account, we are about to begin commercial processing the level 7 Metstre Vein .

    Quote today's AnnI am looking forward to seeing if we can increase gold output in the near term as
    we have now
    commenced the processing of
    stoping ore from the Level 7 Mestre vein.

    Extracts from CIL Tests tailing & Mestre ore -Forget tailings component for the time being even though their great,
    focus on what independent processing of the menstre vein achieved.

    Quote-
    An independent third party ball mill & CIL testprocessed 8.94t of our underground Mestre ore and 22.11t of tailings
    and
    returned an average grade of 28.75 g/t Au and 6.143 g/t Au respectively.
    The extremely high grade resultsgo a long way to show Cascavel is a potentially rich and large gold system which has so far
    not performed to its true potential.
    • When we ran the same test through our own gravity only Hammer Mill 3 and Gekko circuit using similar material from Mestre
    and tailings, we recovered only 8.75 g/t Au and 2.11 g/t Au respectively –
    pointing to gold recoveries of less than 40%.

    https://hotcopper.com.au/data/attachments/1473/1473051-d8e9f25d3f43c57d5e2da46aa76fe884.jpg
    Figure 1. 258 grams of gold recovered from 3rd party ball mill & CIL processing of 8.94t of
    Cascavel u/g feed averaging 28.75 g/t.

    To achieve up to 95% recovery a regrind ball mill and flash floatation circuit is recommended by Gell Street Mining for a cost
    of A$200,000 - $300,000.
    We received similar third party advice from Mr Rob Riggir also of Innovative Metallurgical Designs and Management,
    prior to Gell Street Mining’s visit.

    Clearly this is integral moving forward -Plant modifications pending -targeting improved recovery & supplying feed from the Mentre
    level 7 zone-that just happens to be what was sent for third party analysis.
    Lots of info here is the link-

    CIL Tests confirm outstanding high-grade results for tailings and ...


    glth- salt
    Last edited by Saltiga62: 18/03/19
 
watchlist Created with Sketch. Add OGX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.