Lahontan Reports CN-Soluble Gold up to 91.5% at Calvada, 91.0% at York and 86.7% at Slab; Preg Robbing Potential Very Low
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) has announced promising results from metallurgical test work across all four deposits at its Santa Fe Mine project in Nevada. The study, conducted by Kappes, Cassiday and Associates, focused on cyanide-soluble gold analysis and preg-robbing potential. Key findings include:
- Calvada Deposit: 91.5% CN-soluble gold, up from 71% previously estimated
- York Deposit: Up to 91.0% CN-soluble gold, averaging 78.4% (previously 60%)
- Slab Deposit: 69.0% CN-soluble gold on average (previously 50%)
- Santa Fe Deposit: Moderate CN-soluble gold content
Importantly, only 3 out of 205 samples showed aggressive preg-robbing potential, indicating favorable conditions for future mine operations. The company plans additional testing to optimize recoveries and processing flow sheets for its upcoming Preliminary Economic Assessment.
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) ha annunciato risultati promettenti dai test metallurgici effettuati su tutti e quattro i giacimenti nel suo progetto Santa Fe Mine in Nevada. Lo studio, condotto da Kappes, Cassiday e Associates, si è concentrato sull'analisi dell'oro solubile in cianuro e sul potenziale di preg-robbing. I principali risultati includono:
- Calvada Deposit: 91.5% di oro solubile in CN, rispetto al 71% precedentemente stimato
- York Deposit: Fino al 91.0% di oro solubile in CN, con una media del 78.4% (precedentemente 60%)
- Slab Deposit: 69.0% di oro solubile in CN in media (precedentemente 50%)
- Santa Fe Deposit: Contenuto moderato di oro solubile in CN
È importante notare che solo 3 campioni su 205 hanno mostrato un potenziale di preg-robbing aggressivo, indicando condizioni favorevoli per le future operazioni minerarie. L'azienda prevede ulteriori test per ottimizzare i recuperi e i flussi di lavorazione per la sua prossima Valutazione Economica Preliminare.
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) ha anunciado resultados prometedores de pruebas metalúrgicas en los cuatro depósitos de su proyecto Santa Fe Mine en Nevada. El estudio, realizado por Kappes, Cassiday y Associates, se centró en el análisis de oro soluble en cianuro y el potencial de preg-robbing. Los hallazgos clave incluyen:
- Calvada Deposit: 91.5% de oro soluble en CN, más alto que el 71% estimado anteriormente
- York Deposit: Hasta 91.0% de oro soluble en CN, promediando 78.4% (anteriormente 60%)
- Slab Deposit: 69.0% de oro soluble en CN en promedio (anteriormente 50%)
- Santa Fe Deposit: Contenido moderado de oro soluble en CN
Es importante destacar que solo 3 de 205 muestras mostraron un potencial agresivo de preg-robbing, lo que indica condiciones favorables para futuras operaciones mineras. La empresa planea realizar pruebas adicionales para optimizar los recuperos y los flujos de procesamiento para su próxima Evaluación Económica Preliminar.
라홍탄 골드 주식회사 (TSXV:LG)(OTCQB:LGCXF)가 네바다 산타페 광산 프로젝트의 네 개의 매장지에서 실시한 야금 테스트에서 유망한 결과를 발표했습니다. Kappes, Cassiday 및 Associates가 진행한 이 연구는 시안화물에 용해될 수 있는 금 분석 및 preg-robbing 잠재력에 중점을 두었습니다. 주요 발견 사항은 다음과 같습니다:
- 칼바다 매장지: 91.5% CN에 용해되는 금, 이전의 71%에서 증가
- 요크 매장지: 최대 91.0% CN에 용해되는 금, 평균 78.4% (이전 60%)
- 슬랩 매장지: 평균 69.0% CN에 용해되는 금 (이전 50%)
- 산타 페 매장지: 중간 정도의 CN에 용해되는 금 함량
중요한 점은 205개의 샘플 중 단 3개만이 공격적인 preg-robbing 잠재력을 나타내어, 향후 광산 운영에 유리한 조건을 시사합니다. 회사는 향후 경제성 평가를 위해 회수율과 가공 흐름도를 최적화하기 위한 추가 테스트를 계획하고 있습니다.
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) a annoncé des résultats prometteurs des tests métallurgiques réalisés sur les quatre gisements de son projet Santa Fe Mine au Nevada. L'étude, réalisée par Kappes, Cassiday et Associates, s'est concentrée sur l'analyse de l'or soluble dans le cyanure et sur le potentiel de preg-robbing. Les principales conclusions incluent :
- Dépôt Calvada : 91,5 % d'or soluble dans le CN, en hausse par rapport aux 71 % estimés précédemment
- Dépôt York : Jusqu'à 91,0 % d'or soluble dans le CN, avec une moyenne de 78,4 % (précédemment 60%)
- Dépôt Slab : En moyenne 69,0 % d'or soluble dans le CN (précédemment 50%)
- Dépôt Santa Fe : Contenu modéré d'or soluble dans le CN
Il est important de noter que seulement 3 des 205 échantillons ont montré un potentiel de preg-robbing agressif, ce qui indique des conditions favorables pour les futures opérations minières. L'entreprise prévoit des tests supplémentaires pour optimiser les récupérations et les schémas de traitement pour sa prochaine Évaluation Économique Préliminaire.
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) hat vielversprechende Ergebnisse aus metallurgischen Tests an allen vier Lagerstätten seines Santa Fe Mine-Projekts in Nevada bekannt gegeben. Die Studie, die von Kappes, Cassiday und Associates durchgeführt wurde, konzentrierte sich auf die Analyse von cyanidlöslichem Gold und das Potenzial für Preg-Robbing. Die wichtigsten Ergebnisse umfassen:
- Calvada Deposit: 91,5% cyanidlösliches Gold, gegenüber zuvor geschätzten 71%
- York Deposit: Bis zu 91,0% cyanidlösliches Gold, durchschnittlich 78,4% (zuvor 60%)
- Slab Deposit: Im Durchschnitt 69,0% cyanidlösliches Gold (zuvor 50%)
- Santa Fe Deposit: Mäßiger Gehalt an cyanidlöslichem Gold
Wichtig ist, dass nur 3 von 205 Proben ein aggressives Preg-Robbing-Potenzial zeigten, was auf günstige Bedingungen für zukünftige Bergbauoperationen hinweist. Das Unternehmen plant zusätzliche Tests, um Rückgewinnungsraten und Prozessabläufe für seine bevorstehende Vorläufige Wirtschaftliche Bewertung zu optimieren.
- Calvada Deposit shows 91.5% CN-soluble gold, significantly higher than the previously estimated 71% recovery
- York Deposit demonstrates up to 91.0% CN-soluble gold, averaging 78.4%, compared to the previous 60% estimate
- Slab Deposit averages 69.0% CN-soluble gold, an improvement from the previously estimated 50% recovery
- Only 3 out of 205 samples exhibited aggressive preg-robbing potential, indicating favorable conditions for future mining operations
- Results suggest potential for improved gold recovery across multiple deposits, which could positively impact project economics
- Santa Fe Deposit showed only moderate CN-soluble gold contents compared to previous test work
- Additional testing and optimization are still required for some deposits, which may delay final economic assessments
TORONTO, ON / ACCESSWIRE / September 5, 2024 / Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) (the "Company" or "Lahontan") is pleased to announce results from metallurgical test work spread across all four deposits at the Company's 26-km2 Santa Fe Mine project located in Nevada's prolific Walker Lane gold and silver belt. A total of 205 pulp samples from previous Lahontan drilling representing five of the principal mineralization types present throughout the Santa Fe Mine project area, were subjected to cyanide ("CN") shake analysis to determine the amount of CN-soluble gold in the samples and pregnant solution robbing ("preg-robbing") analysis to identify/eliminate any potential problem areas for preg-robbing in the four deposits. The test work was completed by Kappes, Cassiday and Associates ("KCA") of Reno, Nevada, a global leader in metallurgical and process consulting. Highlights of the test work are described below and in the subsequent table:
Calvada Deposit: The CN-soluble gold analyses show a potential upside in gold recovery compared to previously reported metallurgical results with
91.5% of the fire-assayed gold to be CN-soluble compared to the currently estimated gold recoveries of71% (please see Lahontan press release dated January 22, 2024). Additional metallurgical test work including bottle-roll and column leach tests are planned to follow up on the potential shown by CN-solubility analyses.York Deposit: York samples also demonstrated a potential upside in gold recovery, with up to
91.0% of the fire-assayed gold to be CN-soluble and averaging78.4% compared to the currently estimated gold recoveries of60% (please see Lahontan press release dated January 22, 2024).Slab Deposit: CN-soluble gold analysis for Slab were elevated compared to previous test work, averaging
69.0% of fire-assayed gold compared to the currently estimated50% gold recovery (please see Lahontan press release dated January 22, 2024). Additional testing is planned to further optimize recoveries.Santa Fe Deposit: Sampling concentrated on two mineralization types and CN-soluble gold contents were moderate compared to previous test work. Additional test work, including mineralogical analysis, are planned for these two mineralization types.
Preg Robbing Potential: Only three of 205 samples analyzed exhibited aggressive preg robbing potential (Santa Fe deposit), with one showing moderate preg-robbing (Slab deposit, although this sample maintained high cyanide solubility of fire-assayed gold, which makes the preg-robbing result questionable). Preg-robbing is determined by comparing the results of a standard cyanide shake test with that obtained by spiking the leach solution with a known amount of soluble gold providing a semi-quantitative assessment of preg-robbing, typically referred to as the preg-robbing index (PRI) or preg-robbing percentage.
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."
A summary table of results of CN-soluble gold analysis from 205 pulp samples taken from all four deposits at the Santa Fe Mine Project is shown above. The samples were selected based upon the desire for additional data for mineralization types that were underrepresented in previous metallurgical test work. CN soluble gold percentage ("%") is the percent of fire-assayed gold that is soluble with CN.
About Lahontan Gold Corp.
Lahontan Gold Corp. is a Canadian mine development and mineral exploration company that holds, through its US subsidiaries, four top-tier gold and silver exploration properties in the Walker Lane of mining friendly Nevada. Lahontan's flagship property, the 26.4-km2 Santa Fe Mine project, had past production of 356,000 ounces of gold and 784,000 ounces of silver between 1988 and 1995 from open pit mines utilizing heap-leach processing (Nevada Division of Minerals, www.ndomdata.com). The Santa Fe Mine has a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,112,000 oz Au Eq(grading 1.14 g/t Au Eq) and an Inferred Mineral Resource of 545,000 oz Au Eq (grading 1.00 g/t Au Eq), all pit constrained (Au Eq is inclusive of recovery, please see Santa Fe Project Technical Report*). The Company will continue to aggressively explore Santa Fe during 2024 and complete a Preliminary Economic Assessment evaluating development scenarios to bring the Santa Fe Mine back into production. The technical content of this news release and the Company's technical disclosure has been reviewed and approved by Kenji Umeno, P.Eng., of Kappes, Cassiday and Associates, who is a Qualified Person as defined in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects. For more information, please visit our website: www.lahontangoldcorp.com
* Please see the Santa Fe Project Technical Report, Authors: Trevor Rabb and Darcy Baker, P. Geos. Effective Date: December 7, 2022, Report Date: March 2, 2023. The Technical Report is available on the Company's website and SEDAR.
On behalf of the Board of Directors
Kimberly Ann
Founder, CEO, President, and Director
FOR FURTHER INFORMATION, PLEASE CONTACT:
Lahontan Gold Corp.
Kimberly Ann
Founder, Chief Executive Officer, President, Director
Phone: 1-530-414-4400
Email:
Kimberly.ann@lahontangoldcorp.com
Website: www.lahontangoldcorp.com
Cautionary Note Regarding Forward-Looking Statements:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the TSXV. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which filings are available at www.sedar.com
SOURCE: Lahontan Gold Corp
View the original press release on accesswire.com
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