WA-focused gold exploration and development company
The test work has been conducted by the metallurgical laboratory Nagrom, located in Kelmscott WA of oxide and fresh mineral samples from the Kat Gap program. The tests completed covered both conventional gravity and leach testing on the samples provided. The results have been particularly encouraging for
The conventional gravity separation process has delivered up to 75% gold recovery from the oxide samples with the conventional cyanide leach process provided 95% - 96% recovery from both fresh and oxide samples. These results are extremely positive, and the next stage of testing focussing on variability across the mineralisation and firming up the process options to deliver the indicated recoveries consistently.
The preliminary results indicate that Classic has the potential for early revenue generation through either toll treatment or self-processing of the material from
Classic CEO
The recent results (ASX announcement
We will be working on extending the resource with more infill drilling and then expanding the resource with extensional drilling along strike as well as in the granite.
ABOUT THE FORRESTANIA GOLD PROJECT (FGP)
The FGP Tenements (excluding
Classic has a Global Mineral Resource of 8.24 Mt at 1.52 g/t for 403,906 ounces of gold, classified and reported in accordance with the JORC Code (2012), with a recent Scoping Study suggesting both the technical and financial viability of the project.
Contact:
Tel: (08) 6305 0221
Email: contact@classicminerals.com.au
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