QUEBEC - Conway Resources of Quebec City has signed a milling agreement with Ressources Jake of Val d'Or to treat a 3,000-t bulk sample from the Conway and Paquin veins by the end of July 2010. Conway has a 100% interest in the Conway-Paquin gold property near Temiscamingue.
Milling the bulk samples is expected to provide a more representative average mining grade including dilution, and a free gold recovery rate for gravity pre-concentration. The final COREM report dated April 3, 2009, showed that a 527.7-kg sample taken on the Conway vein returned 18.6 g/t Au and 69.4 g/t Ag, while a 436.4-kg sample taken from the Paquin vein returned values of 20.0 g/t Au and 24.9 g/t Ag.
In April 2010, Conway signed a letter of intent to purchase the former Belleterre gold mine from a private company. The Belleterre mine was active from 1936 to 1959, and the ore had an average grade of 9.95 g/t Au.
Further information is available from Conway president Laurent Beaudoin at 418-871-3334 or [email protected].