The Otjikoto Mine continued to outperform during the second quarter of 2024, producing 48 143 ounces of gold, above expectations as a result of higher than anticipated mill feed grade, B2Gold Corporation said.
For the second quarter of 2024, mill feed grade was 1.79 grams per tonne (g/t), mill throughput was 0.85 million tonnes, and gold recovery averaged 98.6%.
https://lnkd.in/dXd-ATDF
GoldStone Resources plans to increase Gold production to 1,000 ounces per month.
Watch here ▶️ https://lnkd.in/e927hUfB
GoldStone Resources Limited (AIM:GRL), the mining and development company with projects in Ghana, has updated investors on how its upgraded Gold processing plant at its Homase Gold Project in south-western Ghana has improved heap-leach gold recovery rates from 34% to circa 68%, enabling the Company to target 1,000 ounces of Gold production per month.
“We've got average grades of 1.1 grams a tonne and people can very simply do the maths of what the contained gold is going to be agglomerated and stacked on that heap.
“We have some decent grades in this project, not in the oxide cap that we're mining currently, but obviously as the deposit goes deeper, we get into fresh ore that is predominantly non-refractory, which is a big bonus.” Commented Emma, CEO of GoldStone.
In this interview investors will learn:
- How the company has increased its recoveries up to 68% over the past seven months
- How the company is utilising and interpreting legacy data inherited from former operator Ashanti Goldfields Corporation
- How funds from the recent share subscription are being invested
- How the Company plans to increase production to 1,000 ounces of gold per month
Reasons to put GoldStone Resources Ltd on your watchlist:
- The Homase Gold project is located in Ghana known as the ‘Darling of Africa’ in terms of proven resources, a well-developed service sector and safe mining jurisdiction
- Homase is close to the Obuasi Gold Mine which at one time was one of the world’s ten largest gold mines
- Targeting 1,000 ounces of gold production per month
- The company has its own fully expensed gold room
Goldstone Resources was interviewed by Sarah Lowther for focusIR
St Brides Partners LtdSP AngelStrand Hanson#GRL#mining#resources#investing#gold#ghana
“These column leach test results are very encouraging and confirm that that the gold-in-oxide material at the MG gold deposit at Cuiú Cuiú is amenable to heap-leach processing. The leach recoveries of 92% to 93% are excellent and significantly better than previous test work which revealed an 82% recovery. They are also significantly higher than most heap leach gold mines that are currently in operation.
These results should allow us to positively adjust our projected gold recoveries which form part of the ongoing prefeasibility study. These gold recoveries are particularly significant given the recent excellent drill results we are seeing from the Machichie Main and Machichie NE targets which are located only 500m and 650m north of the MG gold deposit, and indicate significant potential for additions of gold-in-oxide material in close proximity to MG.”
-- Alan Carter, President & CEO
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North Bay Resources Inc. (OTC:NBRI) received another 42 tons of gold ore from its Fran Gold Project in British Columbia at the Bishop Gold Mill in California.
The delivery brings the total stockpile of gold ore to 62 tons, including a shipment made in September.
The most recent ore has an independently reported head grade of 0.9 ounces of gold per ton.
An additional 21 tons of ore is expected to arrive by the end of the week, with further shipments planned for the coming weeks.
The Fran Gold Project, spanning 34,360 acres in British Columbia, includes the Bullion Alley Zone, where extensive drilling has revealed a significant gold deposit with high-grade... http://ow.ly/Knmt105SavM
Teck-Hughes and Sylvanite Gold Tailings Update
Fulcrum Metals is pleased to announce an exceptional increase in gold recoveries of up to 63% in addition to a significant reduction of leach times of up to 94% from the Phase 1 test work at the Sylvanite gold project and the start of the Phase 2 conceptual study at the Teck-Hughes gold project.
Read the full RNS here: https://buff.ly/4gh16Cv#FMET#SustainableMining
North Bay Resources Inc. (OTC:NBRI) has announced the arrival of 42 tons of gold ore from its Fran Gold Project in British Columbia at the Bishop Gold Mill in California.
This delivery, received on December 19, 2024, brings the total stockpile of gold ore to 62 tons, including a shipment made in September.
The most recent ore has an independently reported head grade of 0.91 ounces of gold per ton.
An additional 21 tons of ore is expected to arrive on Friday, with further shipments planned for the coming weeks.
The Fran Gold Project, spanning 34,360 acres in British Columbia, includes the Bullion Alley Zone, where extensive drilling has revealed a significant... http://ow.ly/ThhR105Sa95
Lahontan Gold Corp Reports Cn-Soluble Gold up to 91.5% at Calvada
Kimberly Ann, Lahontan founder, CEO, president, and director commented, “The company is excited to receive these results from KCA which continue to confirm the high potential recoveries from oxide gold mineralization at the Santa Fe Mine Project. The absence of any significant preg-robbing potential across multiple mineralization types bodes well for future mine operations. We will continue met testing based on recommendations from KCA to further optimize the processing flow sheet which will be utilized in our upcoming preliminary economic assessment that will analyze the economic upside of resuming precious metal production at Santa Fe.”
Read more here: https://hubs.la/Q02NVC6K0#TSXV#LG
AuMEGA Metals (formerly Matador Mining Limited) managing director and CEO Sam Pazuki joins Proactive’s Tylah Tully to discuss initial high-grade assay results from its Bunker Hill Project in Newfoundland and Labrador, Canada, as part of limited first-pass prospecting.
Key highlights include two outcropping vein samples containing 17.2% #copper, 16.9 g/t #silver and 0.41 g/t #gold, and another with 12.4% copper, 19.1 g/t silver and 0.56 g/t gold.
The project, along the Cape Ray Shear Zone (CRSZ), identified two large intrusive units, including the Nitty Gritty Granite, which may suggest porphyry mineralisation potential. Historic samples in the area revealed peak values of 57% copper, 17.05 g/t gold and 407.5 g/t silver.
Watch at #Proactive#ProactiveInvestors#MiningAustralia#CopperMining#BatteryMetalshttp://ow.ly/bgal105KE1A
Strickland Metals’ second diamond hole has intersected more than 300m of mineralisation at 1.9g/t gold equivalent at the Shanac deposit, part of the Rogozna gold project. https://buff.ly/4cwBf6J#ASX
Consulting Metallurgist at Private
1dDid not know that you could float gold! Is it not pyrite!