For thousands of other reports visit RSC's Mineral Intellingence Map
Medgold Resources Corp.
Summary
| Project: | Tlamino | |
|---|---|---|
| Deposit: | Karamanica | |
| Location: | Serbia | |
| Commodities: | Gold-Silver-Zinc-Lead | |
| Date: | 11/28/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-11-2019: Medgold Resources Corp. announces an Exploration/Drilling Update report for its Karamanica deposit at the Tlamino project. Drilling results incl. 2.00m @ 0.31g/t Au, 5.47g/t Ag, 0.86% Zn, 0.12% Pb from 45.00m. Vancouver, Canada, November 28, 2 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Thomas Sant (Not stated) | |
| ABSTRACT: | Vancouver, Canada, November 28, 2019 – Medgold Resources Corp. (TSX-V: MED) is pleased to announce the results of metallurgical testwork completed in respect ofsample composites obtained from the Barje prospect at its Tlamino Project (the “Project” or “Tlamino”) in southern Serbia. Further to its news release of October 30, 2019, the Company also reports final results of its 2019 drilling at the Karamanica prospect. Bulk rougher flotation tests were performed on two composite samples formed of 50.39 kg of analysis coarse-reject material from the Company’s 2018 drilling program at the Barje prospect. Sample composites were derived from intervals containing hydrothermal breccia, representing relatively high-grade gold mineralization. The composite samples, with head grades of 2.02 g/t Au and 7.87 g/t Au, yielded gold recoveries to concentrate of 88.2% and 90.5% respectively. The same composite samples demonstrated silver head grades of 12.12 g/t Ag and 82.45 g/t Ag and yielded silver recoveries to concentrate of 88.2% and 96.4% respectively. The recoveries indicated by this work were achieved using conventional flotation methodology at a grind size of -74 microns, at a pH of 8.2 over a conditioning time of 3 minutes and a flotation time of 9 minutes. Metallurgical analyses were performed by Resource Development Inc. of Wheat Ridge, Colorado, and were overseen by Woods Process Services LLC of Denver, Colorado. Results from the 31 drill holes of the 2018 drilling program show the mineralized zone at Barje to extend 700m eastwest by 250m north-south within a structurally-bound,shallowly-dipping hydrothermal breccia below altered schist. This mineralization ranges in vertical grade-thickness from 10 to 151 meters and appears to be bounded to its south by a fault. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report