Gold rush at Klondyke for Calidus

North West Telegraph - - News - Tay­lar Amonini

These met­al­lur­gi­cal re­sults po­si­tion Calidus very favourably. D a ve Reeves

Pil­bara gold has gone from strength to strength af­ter Calidus Re­sources an­nounced ex­cep­tional re­cov­er­ies at its emerg­ing War­ra­woona project.

Test­ing showed 63 per cent of gold at the Klondyke de­posit was re­cov­er­able by us­ing grav­ity alone, while the to­tal gold re­cov­ered was 96 per cent through con­ven­tional cyanide leach­ing. The Klondyke de­posit forms part of the War­ra­woona Gold Belt, 25km south-east of Mar­ble Bar.

The re­sults sup­port the in­clu­sion of a grav­ity cir­cuit into the pro­cess­ing plant and sup­port the ex­pec­ta­tion the project will yield be­tween 40 and 60 per cent of the to­tal gold con­tent via the grav­ity cir­cuit alone.

Calidus man­ag­ing di­rec­tor Dave Reeves said the or­gan­i­sa­tion was pleased with ini­tial re­sults of the met­al­lur­gi­cal test­ing.

“These met­al­lur­gi­cal re­sults po­si­tion Calidus very favourably as we progress to­wards the com­mence­ment of the pre-fea­si­bil­ity study to eval­u­ate the de­vel­op­ment op­tions for the Klondyke project,” he said.

“At­trac­tive re­source grade, ge­om­e­try well suited to open-pit min­ing and sim­ple ore pro­cess­ing with high gold re­cov­er­ies and low reagent con­sump­tion could un­der­pin Klondyke as a low op­er­at­ing cost mine in West­ern Aus­tralia.”

The gold re­cov­er­ies came from sam­ples from three di­a­mond drill holes that cov­ered 1.2km of the Klondyke re­source rep­re­sent­ing both ox­ide and fresh ore.

Ac­cord­ing to Calidus Re­sources, the fresh sam­ples gave a higher pro­por­tion of gold than the ox­ide sam­ple.

The ex­cep­tional re­cov­er­ies fol­low an an­nounce­ment of 45 high-pri­or­ity gold tar­gets at War­ra­woona and the ac­qui­si­tion of an­other 100sqkm in the area.

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