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El Tigre Silver Corp.(TSXV:ELS) announced that it has completed an extensive metallurgical test program on its tailings project. The testing, conducted by Servicio Geologico Mexicano returned positive results.
El Tigre Silver Corp.(TSXV:ELS) announced that it has completed an extensive metallurgical test program on its tailings project. The testing, conducted by Servicio Geologico Mexicano returned positive results.
As quoted in the press release:
The tonnage of the tailings at this time is estimated to range between 750,000 to 800,000 tonnes. Based on the current metallurgical work, the company estimates that 75 to 80% of the silver and 93 to 97% of the gold can be recovered by cyanide agitation leaching.
El Tigre, CEO, Stuart Ross, said:
The Company currently has a one year work plan during which time it will complete a full technical design of an engineered processing facility and complete its construction. The objective is to produce gold and silver from the El Tigre tailings by the end of 2012 by using a 250 tonne per day cyanide agitation system. The Tailings Project will provide short term revenue for the Company to use for exploration, the company will also develop infrastructure for future mining and develop in-house production experience.
Click here to read the El Tigre Silver Corp. (TSXV:ELS) press release
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