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Excalibur Resources Ltd. (CNSX:XBR,OTCQX:EXCFF) announced that Excalibur” or the “Company”) announced updates on its underground development and mining in four adits, that have advanced a total of 360 meters at the Catanava property.
Excalibur Resources Ltd. (CNSX:XBR,OTCQX:EXCFF) announced that Excalibur” or the “Company”) announced updates on its underground development and mining in four adits, that have advanced a total of 360 meters at the Catanava property.
As quoted in the press release:
In order to determine the ore characteristics of the material from the different areas which might affect processing, representative homogenized samples from each of four stockpiles were taken from San Gil, Camino, San Miguel and a dump called Candelaria. These will be further crushed, homogenized and reduced for both assaying by SGS Lakefield and analyzed by Terra Mineralogical Services under a scanning electron microscope.
Excalibur’s President and CEO, Tim Gallagher, said:
Assay results from systematic sampling of the San Gil vein showed surprisingly high grade silver mineralization along with mostly lower gold values except for sample #66 which generated 18.51 g/t Au. The new Plant Manager/Metallurgist, who started in February, has been testing the various areas, stockpiles and tails on an ongoing basis. Based on the fine nature of the gold and good silver grades in the San Gil vein, he has recommended the addition of flotation cells and concentrators to the plant to increase recoveries as well as the replacement of the cone crusher to increase throughput. Given the variable nature of the ore at Catanava it is important to independently confirm the nature and the size of the gold and silver on an ongoing basis for plant optimization flowsheet and mine planning purposes.
To view the whole press release, click here.
