Rye Patch Begins Detailed Metallurgical Program at Lincoln Hill

Gold Investing

Rye Patch Gold Corp. (TSXV:RPM,OTCQX:RPMGF) announced that it’s started a feasibility-level metallurgical program at its Nevada-based Lincoln Hill project.

Rye Patch Gold Corp. (TSXV:RPM,OTCQX:RPMGF) announced that it’s started a feasibility-level metallurgical program at its Nevada-based Lincoln Hill project. A key goal of the program is to determine the relationship between crush size and recovery.

Highlights are as follows:

Objectives:

  • To determine, if crushing may materially increase recoveries from 64% for Gold and 59% for Silver (based on uncrushed Run-of-Mine material PEA May 21, 2014) to a recovery closer to 92% Gold and 61% for Silver – the documented recovery profile at the adjacent Rochester Mine; and
  • To provide data for trade-off studies to optimize crush size, capex, costs and NPV.

Metallurgical Test Program:

  • A total of 18 bottle roll tests and 6 column tests will be initiated from the core material;
  • Drill core will be PQ size (8.5 cm or 3.35 inch) core to maximize the amount of material collectedand
  • The test program is being conducted by McClelland Laboratories in Reno, Nevada.

William Howald, president and CEO of Rye Patch, commented:

Based on the geology and mineralization style, we know the Lincoln Hill gold and silver deposit is similar to the neighboring Rochester mine. The detailed met program will provide metallurgical information that could add tremendously to the project economics making Lincoln Hill even more robust while adding only an incremental amount of capital for a crushing circuit. In other words, the benefit of crushing could be significant on the project NPV.

Click here to read the full Rye Patch Gold Corp. (TSXV:RPM,OTCQX:RPMGF) press release.

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