Lahontan Gold Corp (TSXV: LG | OTCQB: LGCXF) has announced that it has commenced metallurgical testing in support of its planned preliminary economic assessment (PEA) of its Santa Fe Mine project, located in Nevada’s prolific Walker Lane gold and silver mineral belt.
Kimberly Ann, Lahontan Gold Corp. CEO, president, and founder, commented, “We already know that heap leach gold and silver recoveries are excellent at Santa Fe based on previous metallurgical testing plus the mining and processing of nearly 16Mt of gold and silver mineralized rock during previous mine operations. The comminution and compacted permeability studies will give us precise cost estimates for our PEA, expected to be completed in September 2024. The goal is to produce a PEA that is detailed, accurate, and a report that will highlight the full economic potential of the Santa Fe Mine project.”
This test work is focused on developing precise economic parameters for processing gold and silver mineralized rock at Santa Fe:
1. Comminution test work – for assessing crushing and abrasion characteristics of mineralization at the Santa Fe, Slab and Calvada deposits in order to determine crushing costs, electrical consumption, etc.
2. Compacted permeability – for determining cement requirement for agglomeration for Santa Fe, Slab and Calvada deposits
3. Pregnant solution robbing analysis – on selected mineralization types/areas of the Santa Fe deposit to identify/eliminate any potential problem areas for pregnant solution robbing in the deposit
To find out more, please visit www.lahontangoldcorp.com
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