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Benchmark Provides Metals Recovery up to 98% Gold and 97% Silver from Metallurgical Testing at the Lawyers Gold-Silver Project
Edmonton, Alberta--(Newsfile Corp. - August 13, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (...
About this update from Thesis Gold & Silver Inc.
[{"type":"text","content":"Benchmark Provides Metals Recovery up to 98% Gold and 97% Silver from Metallurgical Testing at the Lawyers Gold-Silver ProjectEdmonton, Alberta--(Newsfile Corp. - August 13, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the \"Company\" or \"Benchmark\")  - is pleased to announce preliminary metallurgical results from composite samples representing three resource target areas. Benchmark's flagship, 100% owned Lawyers gold-silver project is located in the Golden Horseshoe of north-central British Columbia, Canada. Three resource areas were tested for preliminary metallurgical response. These three areas consist of Cliffs Creek North & South (CN & CS), Dukes Ridge (DR), and Amethyst Gold Breccia (AGB) zones.Combined gravity and leach testing from all three areas have recoveries that range from 91% to 97% gold and 59% to 92% silver. Flotation testing (some with gravity pretreatment) from the three resource areas have recoveries that range from 85% to 98% for gold, and 39% to 97% for silver. The metal recovery rate, or also known as the mineral recovery percentage, indicates what percentage of gold and silver are expected to be recovered after the extractive process has taken place. The test work is an indication of future mineral processing plant performance based on the extraction process. John Williamson, CEO, commented, \"The metallurgy results have provided exceptional recovery for both gold and silver using conventional technology. This is a major engineering milestone to rapidly advance the Project through project development towards a production decision. Ongoing metallurgy, drilling, baseline studies, engineering and permitting are all supportive endeavors for a near-term Preliminary Economic Assessment (PEA). The strong, gold and silver recovery rates will contribute to the economics of this Project.\"SummaryInitial metallurgical test work results support the advancement of the Lawyers Gold-Silver ProjectAdditional metallurgical testing is planned to improve, optimize and better define the process flowsheet with ongoing project development into a Preliminary Economic Study (PEA) scheduled for Q1/Q2 2021Overall recovery grades of gold and silver continue to be promising for all target resource zones testedGold and silver recoveries for mineralized material are excellent with convention...