QUEBEC - Gold Bullion Development of Vancouver says metallurgical tests on material from its Granada gold property near Rouyn-Noranda indicate that recoveries of 94% to 97% can be expected using gravity and flotation techniques. The tests were performed by Gekko Systems of Australia.
Two tests were performed on separate samples. Both were ground to 100% passing 150 microns. Conventional leaching tests yielded 81.1% gold recovery after 24 hours and intensive leaching produced a recovery of 90.6% after 24 hours. Gold Bullion says the results are consistent with those obtained from a bulk sample in 2007.
"We're extremely pleased with these metallurgical results, especially with such high recoveries at these grades," stated Frank J. Basa, president and CEO. "This metallurgical test work and a broadening area of mineralization in the Eastern Extension underscore the consistent progress we're making toward our goal of developing Granada into a large open pit deposit, surrounded by all the necessary infrastructure in one of the most favourable jurisdictions in the world for mining and exploration."
The history of the Granada property is available at www.GoldBullionDevelopmentCorp.com.
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