www.finanznachrichten.de · · DE
68785645 benz mining corp benz confirms free milling gold with high recoveries at icon 296
Executive Summary
AI-generatedBenz Mining Corp. announced highly encouraging initial cyanidation testwork results from its Icon camp at the Glenburgh Gold Project, confirming that the gold is free-milling with high recovery rates and low reagent consumption across various grades. The tests demonstrated consistent extraction efficiency, maintaining strong recoveries even in lower-grade material (down to 0.1 g/t Au). This suggests a significant recoverable gold opportunity within the broader mineralized halo.
The announcement pertains to the technical feasibility and high recovery rates of gold extraction (cyanidation tests) at Benz Mining Corp's Glenburgh Gold Project. This directly impacts the projected cost structure and resource valuation for the company, suggesting strong future production potential rather than immediate commodity price shifts.
Key Insights
- The Icon deposit showed excellent conventional leach performance, achieving approximately 95.5% gold extraction from higher-grade core samples within 24 hours.
- Strong and consistent gold recovery was observed across all tested grades, extending successfully into the broader mineralized halo down to 0.1 g/t Au.
- The test results indicate low consumption of reagents like cyanide and lime, which is favorable for future operational costs.
- The lower-grade material (mineralized halo) has potential to be classified as recoverable gold rather than waste in future open-pit mining scenarios.
- Benz is advancing its programs by ramping up drilling efforts across multiple camps at the Glenburgh Project.
Topic context
The full article is on the original publisher site.