Business
Initial Metallurgical Studies on Silver Coin Show Positive Results
Trading Symbols: TSX.V:PNL and O7M - Frankfurt Stock Exchange VANCOUVER, Dec. 2 /CNW/ - Mr. Paul ...
About this update from Jayden Resources Inc
[{"type":"text","content":"\n\n\n\nTrading Symbols: TSX.V:PNL\nand O7M - Frankfurt Stock Exchange\n\n\nVANCOUVER, Dec. 2 /CNW/ - Mr. Paul Saxton of Pinnacle Mines (the\n"Company") is pleased to announce that initial metallurgical test work on core\nsamples from the Silver Coin gold property near Stewart, BC are producing\nexceptional results. Silver Coin is an advanced-staged gold property and a\njoint venture between the Company and Mountain Boy Minerals.\n\n\nAs part of a Preliminary Assessment Study on the Silver Coin property,\nmetallurgical test work is being performed on drill core samples obtained from\nvarious zones of the resource. The samples have responded well to conventional\nfroth flotation procedures, producing high ratios of precious metal\nconcentration.\n\n\nSamples grading from 1.3 g/t to 3.3 g/t gold produced cleaned concentrate\ngold grades between 42 g/t to 131 g/t. The concentrates also contained from\n113 g/t to 352 g/t silver. The open cycle, bulk rougher flotation recovery\nvaried from 82% to 94% for the precious metals, depending on the sample and\ntest conditions used. Based on these early results, the Company is very\nencouraged by the recovery ratios to date and further process optimization is\nbeing planned with the ongoing project development program.\n\n\nFrank Wright, P.Eng., is the qualified person overseeing the metallurgy\nprogram on behalf of the companies and has reviewed this press release. Mr.\nWright is available at 604-802-4449 to answer any questions shareholders or\ninvestors may have regarding the processes and procedures used to obtain the\naforementioned results. All metallurgical processes and studies of core\nsamples are being conducted in the laboratories of Process Research Associates\nLtd. (PRA) of Richmond, BC.\n\n\nOn behalf of the Board of Directors\n\n\n"Paul Saxton"\n\n\nPresident & CEO\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\nresponsibility for the adequacy or the accuracy of the content of this\nnews release.\n\n\n%SEDAR: 00005272E\n\n\n","length":2175,"tagName":"div"}]