Canada invests $70m in Seymour Lake lithium project in Ontario
The lithium mine operated by Australia's Green Technology Metals could become the province's first lithium producer.
Granada Gold Mine is encouraged by the results of a new two stage gravity concentration from its Granada gold project near Rouyn-Noranda. Mineralized material that had only 1.01 g/t gold was successfully upgraded to 67.99 g/t.
The pre-concentration study was conducted at the pilot plant of Canada Cobalt Works in Gowanda, Ont.
The test was done on a 120-kg sample of low-grade material from the mine’s waste dump. After the first pass through the gravity circuit, the concentrate contained 12.04 g/t gold. The second pass created a concentrate with 67.99 g/t gold plus 62.80 g/t silver, 0.07% cobalt, 0.04% nickel, and 0.12% copper.
Granada is preparing a summer drill program to test targets near the pit constrained resource. Geological work will also be done to identify additional targets.
So far, a measured and indicated resource of 22.3 million tonnes averaging 1.06 g/t gold for 762,000 oz. and an inferred resource of 6.9 million tonnes grading 2.04 g/t gold for 455,000 oz. have been identified.
(This article first appeared in the Canadian Mining Journal)
Comments
ThaOracle
What if I were to tell you …….. WOW, sounds great if your primary objective is to produce and sell “grade”. As recovery is not mentioned and was probably sub 50%, one can only deduce this article was written/edited by geologists