Intrepid Mines Limited: Tujuh Bukit Update on Preliminary Assessment of Oxide Deposit

Intrepid Mines Limited (TSX:IAU, ASX:IAU) reported the preliminary column leach results indicate excellent gold recoveries can be expected from the gold-silver oxide deposit at Tujuh Bukit.

The press release is quoted as saying:

Results to day 29 for gold indicate a recovery range of 67% to 85% for the completely oxidised zone and 60% to 66% in the transition zone, which has been identified above the deeper zone of copper-gold porphyry mineralisation (see news release dated 25 May 2010.) Silver recoveries range from 17% to 52%.

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