Spanish Mountain Gold Ltd. (TSXV: SPA) has announced a new metallurgical test programme and assay results from the 2022 metallurgical drill programme for its Spanish Mountain Gold Project located in the Cariboo Gold Corridor of British Columbia, Canada.
A new metallurgical test programme has been scoped and tendered to assess the potential benefits and flowsheet improvements using coarse ore floatation. The company anticipates to award and begin testing later in Q1 2024.
The programme will include using the 2022 metallurgical diamond drill hole samples and the results of the test programme will provide inputs for the Whittle Enterprise Optimization.
Peter Mah, Spanish Mountain Gold’s President, CEO and Director commented, “We are excited about this new programme which may show that a coarser grind decreases power consumption, improves downstream processes such as tailings and water management, and favourably impacts costs and production.”
Metallurgical Drill Result Highlights
- 0.77g/t Au over 56.6m from 119.4m in drill hole 22-DH-1259
- 0.59g/t Au over 99.5m from 3.0m, in drill hole 22-DH-1261
- 1.03g/t Au over 101.5m from 15.0m in drill hole 22-DH-1262
- 0.79g/t Au over 76.0m from 20.0m in drill hole 22-DH-1263
The drill programme consisted of five HQ2 diamond drill holes totaling 1,026 m. The drill holes were collared at specific locations within the 2021 prefeasibility study report (PFS) defined pit Main Zone area designed to maximize the mineralized intercepts within the major geometallurgical domains to provide optimal samples for the metallurgical test work. The mineralized intervals were calculated on downhole weighted gold assay results using parameters from the PFS mineral resource estimate including a cut-off grade of 0.15g/t Au and a minimum 5m width.
Spanish Mountain Gold is advancing it’s 100% owned Spanish Mountain Gold project towards construction of the next gold mine in the Cariboo Gold Corridor, British Columbia. The company’s immediate focus is to conduct an integrated Whittle Enterprise Optimization to identify highest potential value-add improvements while increasing the understanding of the high-grade geologic controls and associated drill targets that could upgrade and expand the gold resource.
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