Business
Taranis Proves Bulk Grade of SIF Zone Pilot Plant Sample 600 mt at 6.5 g/t Gold
(via TheNewswire) Estes Park, Colorado / TheNewswire / November 20, 2018 - Taranis Re...
About this update from Taranis Resources Inc.
[{"type":"text","content":"Taranis Proves Bulk Grade of SIF Zone Pilot Plant Sample 600 mt at 6.5 g/t Gold(via TheNewswire)\n \n \nEstes Park, Colorado / TheNewswire / November 20, 2018 - Taranis Resources Inc. (\"Taranis\" or the \"Company\") [TSX.V: TRO] has completed analyses of a bulk sample produced from the SIF pilot gold plant in the summer of 2017 at its 100% owned Thor project. Various production hypotheses were put to the test; new and critical steps for economic production were identified and have been incorporated in the planning stages for larger-scale mining activity, namely Phase II of a Joint Mining and Environmental Application (Taranis News Release October 15, 2018). Because the Thor Resource primarily hosts silver and has never produced gold from a monometallic zone in its 100+ year history, gaining a better understanding of the gold zones is a major development which could drastically increase the already substantial value of the deposit.\n\n \n \nData gathered in this early scoping study may also enable Taranis to better explore for the continuation of SIF and has already yielded improved methodologies for more efficient extraction of precious metals from the ore. Exploration work in the summer of 2018 identified adjacent areas of major quartz veining bearing strong resemblance to the SIF zone. Further exploration, especially drilling, will be required to determine these zones' relevance to the high-grade gold found at SIF.\n\n \n \nThe following table details the gold content and recovery from the 600 tonnes of SIF ore:\n\n \n\nSIF Pilot Gold Plant - Metallurgical Accounting\n\n\n \n\n\nGrams\n\n\n\n\nOunces\n\n\n\n\nRecovered gold from processing\n\n\n\n\n706.1\n\n\n\n\n24.9\n\n\n\n\nGold lost in lab processing of Super-Concentrate\n\n\n\n\n27.2\n\n\n\n\n1.0\n\n\n\n\nGold lost in lab processing of Concentrate\n\n\n\n\n248.8\n\n\n\n\n8.8\n\n\n\n\nGold lost on shaker table in field (\"Tails\")\n\n\n\n\n2,897.7\n\n\n\n\n102.2\n\n\n\n\nTotal gold contained in ore processed\n\n\n\n\n3,879.8\n\n\n\n\n136.9\n\n\n\n\nRecovery percentage (\"field concentrates\")\n\n\n\n\n25.3%\n\n\n \n\n\nRecovery percentage after lab processing\n\n\n\n\n18.2%\n\n\n \n\n\nTotal tonnes processed in field milling\n\n\n\n\n600\n\n\n \n \n\n\nGrams/tonne\n\n\n\n\nOunces/tonne\n\n\n\n\nActual grade of processed ore\n\n\n\n\n6.47\n\n\n\n\n0.23\n\n\n \n \nAlthough ...