Pershimco Resources Inc. (TSXV:PRO) reported metallurgical test results from its Cerro Quema gold deposit in Panama which support economic growth prospects from the project.

As quoted in the press release:

Highlights

• Average recovery from the first 14 bottle roll tests of oxide material is 92.8%;
• Recoveries varied from 86.1% to 97.2% after 48 hours, for nominal feed size at 100% minus 0.25″ and 0.5″;
• To date, the leach kinetics indicate the bulk of the recovery potential is regularly reached within 18-24 hours; and
• Recovery differential for composite PO-08 tested at both 0.25″ and 0.5″ is very low: 87.5% vs. 87.1%.

To view the whole press release, click here.