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Idaho Champion Reports Positive Metallurgical Results from its Baner Project
TORONTO, June 06, 2019 (GLOBE NEWSWIRE) -- Idaho Champion Gold Mines Canada Inc. (CSE: ITKO) (“Champion” or the "Company"), a discovery-focused gold exploration
About this update from Champion Electric Metals Inc.
[{"type":"text","content":" TORONTO, June 06, 2019 (GLOBE NEWSWIRE) -- Idaho Champion Gold Mines Canada Inc. (CSE: ITKO) (“Champion” or the \"Company\"), a discovery-focused gold exploration company, is pleased to announce that metallurgical work at the Company’s Baner Project returned favourable scoping level leach test results of 87.1% Au recovery at 10 mesh. The metallurgical testing work was conducted by Resource Development Inc. (“RDI”), in Lakewood, Colorado. Highlights of the metallurgical testing results are as follows: Gold readily leached from the sample. Gold extractions ranged from 87.1% to 93.2% with higher extractions coming from the finer ground material. The majority of gold was extracted in the first 24 hours with slower kinetics observed with the 10 mesh leach test. Little silver was extracted from the sample. Silver extractions ranged from 19.7% to 30.5%, which appeared to be independent of grind size. Cyanide consumptions ranged from 0.19 kg/mt to 1.45 kg/mt, with the higher consumption coming from the finer ground material. Lime consumptions ranged from 3.4 kg/mt to 4.53 kg/mt. Head analyses indicate that the composite sample contains approximately 1.0 g/mt Au and 2 g/mt Ag. There is virtually no organic carbon or sulfides present in the sample. The gold present in the composite sample is free milling with extractions over 87% even at a coarse particle size of 10 mesh. A maximum gold extraction of 93% was achieved at 100 mesh and 200 mesh grinds, but with significantly higher cyanide consumption than observed at the 10 mesh particle size. Jonathan Buick, Champion’s President and CEO, explains that: “The favourable leach test result compares to similar projects in North America and adds further positive understanding to Idaho’s newest gold discovery. We will continue with additional leaching test work to characterize the deposit. We will look at static leach tests with the coarse material to determine if heap leaching would be a reasonable processing option.” Samples for metallurgical testing were split from drill core reject material returned from American Analyatical’s assay lab. Twenty-five kilograms were split from four drill holes; IGC2018-6,9,10, & 13. The split material was kept in a secure location until delivery to RDI in Lakewood, Colorado. Metallurgical Test Work - Sample preparation and&nbs...