Metallurgical Results: A Deeper Dig into the Numbers
Fresh off the press, 1911 Gold Corporation (TSXV: AUMB) (OTCQX: AUMBF) recently celebrated positive outcomes from their metallurgical testing over at the True North and Ogama-Rockland projects. Let me tell you, these numbers aren't something to scoff at. The True North project boasted a gold recovery rate of 93.7%, while Ogama-Rockland didn’t fall far behind with an impressive 96.3%.
True North: Digging Into the Fine Print
The True North tests were serious business. The gold recovery averaged 93.7%, with 51% of that treasure being sucked up by gravity concentration. It was measured on a 130 kg sample with a head grade of 1.82 g/t Au. This operation isn't just some underground digging festival. We're talking about calculated efforts here, folks. They even tackled leaching kinetics for a 24 to 48-hour residence time, pointing to a low reagent use. When you’re running with numbers like a 14.1 kWh/t BMWI, that indicates the ore's sitting pretty at the lower end of the hardness range.
"These results speak volumes of our meticulous planning and the advanced technology that we bring to the table," Shaun Heinrichs, CEO, beamed.
Ogama-Rockland: More Reasons to Grit Your Teeth and Smile
Now let’s move on to Ogama-Rockland. This project brought in some eye-watering figures of their own. Total Au recovery was nailed down at 96.3%, with a grind size boasting 101 micron perfection and negligible acid leaching snagging applause from all corners. The head grade, sitting at 4.65 g/t Au, was a bit sweeter than True North’s challenge. Over 82% of the gold came in via gravity alone, speaking sweet nothings of efficiency.
The Path Forward: Challenges and Opportunities
What comes next for 1911 Gold, you ask? More test mining and ramping up those bulk sampling programs, that’s what. While the proposed test mining seems promising, they’re not resting on laurels. They’re pushing to refine those reagent levels without sacrificing recovery rates. Still, a word of caution: increasing the primary grind size threw them for a loop before, and that’s one bit of wisdom they'll hold onto going forward. This isn't a game of chance here.
- True North preliminary economic assessments are set.
- Ogama-Rockland’s drill bit keeps spinning for more clarity.
- Environmental due diligence adds a layer of security (without the bureaucracy).
Investor Insights: What’s at Stake
These metallurgical results are a silver lining for any investor with a stake in 1911 Gold. Sure, the market isn’t short of challenges and risks—recovery percentages may whittle down at commercial scale, costs can sneak up, yada yada—but right now, there's more optimism than jitters around these projects. With OTCQX: AUMBF on the radar, potential gains could attract eyes from far and wide.
So, what's the morale of this deep dive? High gold recovery rates like these paint a pretty picture. Just don't let ‘em lull you into thinking it's all roses and no thorns. Like any seasoned trader would say, you’ve got to stay on your toes.
