Galleon Gold (TSXV: GGO) reported strong results from the ongoing metallurgical tests of composited core samples from the #9 zone at its West Cache gold project on trend in the Timmins, Ont., camp.
Tests were conducted on low, mid and high grade samples using three processing options: 1) Whole ore leach recoveries ranged from 83% to 97%, depending on grind size and feed grade; 2) Gravity recovery followed by whole ore leaching resulted in recoveries between 95% and 97%; and 3) Gravity followed by flotation and then concentrate leaching extracted up to 97% of the gold.
The West Cache gold project was drilled by several previous owners when it was known as Timmins Porcupine West. The 2013 resource estimate included both open pit and underground portions. Together they total 8.7 million indicated tonnes grading 2.17 g/t gold (609,000 contained oz.) and 6.3 million inferred tonnes grading 2.31 g/t gold (470,000 contained oz.).
Galleon discovered the high grade #9 zone last year. This is a shear zone up dip from the West Deep area discovered in 2010, and the company thinks the two zones may be connected. Geological similarities include host rock lithology, a strong sulphide association and similar gold grades and widths.
Some of the best intersections from #9 zone were 9.7 metres averaging 7.61 g/t gold, including 3 metres of 14.75 g/t; 10 metres averaging 8.68 g/t gold, including 2 metres at 12.04 g/t; and 9 metres averaging 8.25 g/t gold, including 1 metre of 19.7 g/t.
Galleon has begun permitting initiatives that will allow it to conduct bulk sampling at West Cache. Learn more at www.GalleonGold.com.
April 18, 2024
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