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BacTech Environmental Corporation Receives Assay Results of Up to 2.24 Oz Gold Per Tonne
Toronto, Canada – TheNewswire - December 3, 2020 - BacTech Environmental Corporation (OTC:BCCEF) (CSE:BAC) (CNSX:BAC.CN)(“BacTech or the Company”) today announc
About this update from Bactech Environmental Corp.
[{"type":"text","content":"Toronto, Canada – TheNewswire - December 3, 2020 - BacTech Environmental Corporation (OTC:BCCEF) (CSE:BAC) (CNSX:BAC.CN)(“BacTech or the Company”) today announced the assay results for the six concentrate samples collected from small mine producers in Ponce Enriquez, Ecuador. The area is known for its production of gold rich arsenopyrite material. The assay work was conducted by ALS Laboratories in Vancouver, Canada. “The results were all relatively close to the stated grades provided by the miners at the time we collected the samples with a single exception, the reason for which is being investigated. “Now that we have confirmed the positive magnitudes, with respect to gold and arsenic values, we can begin the next phase of the project which will be the bioleach test work. Concentrate will be shipped to Perth, Australia where the test work will be conducted at ALS’ metallurgical laboratory under the guidance of BacTech’s Dr. Paul Miller. A full report of the test work will be available in 5-6 months from the onset of the test program,” concluded Orr. Sample Received Weight (kg) Gold (ounces)/t Value per tonne (contained Au) $1900/oz Silver (ounces)/t Arsenic per tonne (%) #1 0.25 1.19 $2260.00 4.55 1.24 #2 0.25 0.61 $1160.00 5.16 18.0 *#3 0.26 2.24 $4256.00 4.20 33.0 **#4 0.26 0.22 $418.00 0.65 0.4 #5 0.27 0.90 $1710.00 2.70 14.9 #6 0.26 0.40 $760.00 1.39 6.45 * This sample reported 9.64% copper in concentrate **It is assumed that sample #4 was incorrectly submitted as tailings material given the difference in gold value vs the other samples submitted for assay. Sample #2 reported copper values of 9.64%. With the recent resurgence in the price of copper an investigation will be conducted to see if a copper by-product can be produced for sale. The most likely conclusion, with respect to the presence of copper, would be that the material is enargite. BacTech is considering shipping this material to Laurentian University to conduct a desk top study similar to the test program conducted on the original mineral samples from Ecuador. The test work would determine the ability of bioleaching to produce both gold and copper metal. An interesting aspect of the mineral processing in Ponce Enriquez has been identified by BacTech’s Berna...