BRITISH COLUMBIA – New Carolin Gold of White Rock, BC, is pleased with the results of metallurgical tests carried out by SGS Canada on samples from the McMaster zone at the former Carolin gold mine near Hope.
The results indicate that a combination of conventional flotation and cyanidation recovered 97.9% of the gold in the sample. The core provided for testing had a grade of 3.96 g/t Au over 27.6 metres. The use of pressure oxidation and carbon-in-leach of the autoclave residue is also being tested. New Carolin will use the results when it prepares a preliminary economic assessment of the Ladner project.
The Ladner project includes the former Carolin, Emancipation and Pipestem gold producers as well as other gold prospects in the area.
More details of the metallurgical tests are available at NewCarolinGold.com in the news release dated Aug. 9, 2012.