Balmoral Resources Sees 91.4 Percent Gold Recoveries in Preliminary Testing at Bug Lake

Balmoral Resources (TSX:BAR,OTCQX:BALMF) reported gold recoveries of 91.4 percent and silver recoveries of 80.2 percent in preliminary metallurgical testing. Results were achieved by standard flotation followed by cyanide leaching of the flotation concentrate and tails.
As quoted in the press release:

The Bug Lake Composite sample was collected from previously drilled core holes. It was dominantly comprised of material from the Lower Bug Lake Zone, but included representative material from the Hanging Wall, Upper Bug Lake and Footwall Zones. The average assayed head grade for the Bug Lake Composite was 6.3 g/t gold and 7.1 g/t silver. The current metallurgical testing was performed on behalf of the Company by Blue Coast Research Ltd. of Parksville, British Columbia following an initial stage of work conducted by SGS Minerals in Lakefield, Ontario.

Balmoral president and CEO, Darin Wagner, said:

Today’s results provide a very positive start to the metallurgical work on the Bug Lake Zones, indicating plus 90% gold recoveries. The preliminary work suggests there are no concerns regarding the blending of the multiple zones located along the Trend and indicates some room to potentially increase recoveries with more detailed testing now that general metallurgical parameters have been established. The very fast leach kinetics, potential to work with a relatively coarse grind, and lack of deleterious elements were additional positives from the testing.

Click here for the full press release.