Newstrike Capital Sample Shows In-Pit Heap Leach Potential At Ana Paula

Newstrike Capital Inc. (TSXV:NES) reported that a column leach metallurgical result from a composite sample shows heap leach extraction potential within the low-grade breccia zone at Ana Paula.

As quoted in the press release:

Conclusions from this testing indicate that most of the gold was extracted in the first 10 days, and that the maximum extraction obtained was 84.1% on Composite 4. The composite sample showed the highest cyanide soluble gold content in the head assay and may be amenable to gold recovery by heap leach process.

Newstrike Capital CEO Richard Whittall, said:

Our 2013 metallurgical testing program confirmed a conventional, low-risk approach at Ana Paula with strong gold recoveries. This specific column leach result adds an extremely encouraging new dimension to the project. Heap leaching has the potential to lower processing costs and provide an additional source of revenue through the recovery of gold from our mineralized waste. We plan to investigate the size and scope of this opportunity within Ana Paula’s floating cone pit and the potential for a reduction in the strip ratio and expansion of the conceptual pit. Combined with last year’s testing, this new metallurgical result will provide valuable input to the Preliminary Economic Assessment currently in progress as well as for future studies.

Click here to read the Newstrike Capital Inc. (TSXV:NES) press release