STEEMIT Gold / Silver Report: Excellent Metallurgical Recovery Results Confirms Gladiator Gold Deposit’s Superiority in Quebec, Canada
Moving into the new economy, we will build this together friends.
Precious Metals are being backed as Blockchain assets every week, we can have it all.
Let's chase Liberty and rid ourselves of the Banksters messing with everyone on the planet.
-- The gold-silver ratio currently stands at 80, much higher than the historical average of 60 of recent years.
-- I share all kinds of resources in a way so we can all learn, research, teach and share news with each other.
Reminder that the Government of Canadastan sold off all reserves of our gold not long ago, in early March of 2016.
Our money, like most, is literally backed by NOTHING and that is addressed in part in the COMER.org lawsuit against the government, to return the monetary policy to the hands of the PEOPLE.
COMER is the Canadian version of END THE FED in the USSA.
--
#Gold
#Silver
#Liberty
#Freedom
Resource Today:
--
Earlier today, Bonterra Resources (BTR.V) released the long-awaited results from its preliminary metallurgical test work on samples from its high grade Gladiator Gold Deposit in Québec.
Completing metallurgical studies are a very important milestone in the development process of a gold project. You can have as much gold as you want in a resource in the ground, but if you can’t get it out of the rock easily, it really is just a bunch of worthless rock.
So….. one of the biggest de-risking mechanisms for any gold mining project, is being able to extract the gold easily from the rock through good metallurgical processing parameters, and to recover as much gold with as little effort, capital and ongoing operating costs as possible.
This sometimes can be the key component in order to justify the economics of pushing a project towards a construction or production decision, to generate a profit.
To start off, the Gladiator deposit yielded up to 76.1% recovery in the gravity circuit, and on average for all grinding sizes (coarser to fine) yielded greater than 70% gravity recovery. This confirmed the presence of a significant amount of free gold in the mineralized system. And that’s exceptional when compared to its peers across Canada / USA, as most ‘competitors’ reported average gravity recovery rates of 15% to 40%. Noting that all tested grinding sizes yield excellent gravity recoveries, it will allow for some flexibility when designing the crushing and grinding circuits. This could potentially save Bonterra an important part of its initial capex, but it coult also allow the company to reduce its operating expenses.
On average, greater than 70% of the gold reports to the gravity circuit at all grinding sizes, which potentially contributes to substantial capital reductions in the grinding circuits, potential lower reagent consumption, and highlights an opportunity for significant savings in the future processing parameters at Gladiator,”
( Statement by Peter A. Ball, VP Operations. )
--
To add to the excellent gravity recoveries, total recovery results were also well worth the wait as the combination of gravity and gravity-tail flotation tests resulted in a recovery rate of around 97%. The final icing on the cake, if even needed, the tests using gravity and gravity-cyanidation indicated the recovery rate could exceed 99%.
Not only are these amazing results (for both processing scenarios), there also is one important piece of information to harvest from these results. The difference between the recovery rates of the flotation circuit and the cyanide circuit is just 2%, which means Bonterra will have to do some trade-off studies to figure out if a cyanide leaching circuit would even make sense.
“Potentially not requiring a cyanide leaching circuit minimizes the environmental footprint of any future mining operation and could also improve potential future process economics of the project,”
-- Statement by Nav Dhaliwal, CEO of Bonterra
We don’t think Bonterra will put in the cyanide circuit as the NPV8% of a 150,000 oz/year production scenario wherein 2% more gold (3,000 oz/year) would be recovered would be just C$22M, based on a gold price of C$1700/oz. This means that if a cyanidation circuit would cost more than C$22M, Bonterra might be better off by just going for a flotation circuit as recovering less gold might actually result in a higher net present value. Of course, a final decision will only be made once Bonterra has all parameters as everything will depend on the total size of the resource and the expected average production rate (as well as the access to capital).
Another interesting fact is that the “Feed Grade” head assay results from the metallurgical testing ranged from 8.0 g/t Au to 10.0 g/t Au and showed excellent grade reconciliation with initial drill hole assays.
Considering Bonterra’s gravity and total recovery rates are easily beating the results from some peers in Canada and USA (see the table below, note, these results are rounded and not necessarily definitive), we dare to say these preliminary metallurgical results are absolutely excellent.
These results are extremely important as they confirm the excellent “clean rock” characteristics of the deposit, and the very low sulphide content such as arsenopyrite, which some of their neighbours have in their gold systems. Considering this is the very first time Bonterra has released any recovery rates of the Gladiator gold ever, this update should ease the concerns some investors might have. Not only is the gold recoverable, the actual recovery rates are exceptionally high, whilst the high gravity concentrate recovery rate indicates the ultimate processing cost (in dollars per tonne) will reside in the lower quartile compared to its peers.
The company is currently aggressively drilling the property as part of an ongoing 70,000 meter exploration program to increase the total gold resource at Gladiator. A resource update is expected for the second half of this year and that will be the second major component of a PEA which could be expected shortly thereafter. Bonterra Resources is slowly ticking all the boxes in its quest to build Québec’s next gold mine.
http://www.bonterraresources.com/en/
Bonterra (BTR: TSX-V | BONXF: OTCQX | 9BR1:FSE) is a Canadian gold exploration company based in Vancouver, BC focused on continuing to expand its NI 43-101 compliant gold resource on its Gladiator Gold Deposit, part of the world famous Abitibi Greenstone Belt in mining-friendly Quebec.
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
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Twitter - https://twitter.com/kitconewsnow
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StockTwits - https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today...
Live silver price and charts: http://www.kitco.com/silver-price-tod...For more breaking news, visit
Thanks for reading, have a nice day.
HODL Img. sourced from the LEGENDARY thread where the term HODL was first..... coined - LOL. - BitcoinTalk.org
https://bitcointalk.org/index.php?topic=375643.0
If you are new to Crypto or do not know the story -- Please open that link in a new tab, take a couple mins. and read the funny thread/story, you need to know your Crypto history folks!
(:
If you liked this blog post - please Resteem it and share good content with others!
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Some of my recent blogs:
--
Stock Images in most cases unless noted: via Giphy.com , Funny or Die.com / Pixabay.
Sources usually on image or credited if I cannot find it on an image, but sometimes I forget, sorry if this bothers anyone.
If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.
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Buy / Trade Crypto if you do not have an account set up to do so with Canada's largest exchange: This is my personal referral link. https://www.quadrigacx.com/?ref=3f43t58ghbs1hldzi9xystdb
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Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
This has really upset some people but I do not force my opinions on others, or need to communicate every detail of my life or issues, most people do not care anyways. I invested around 10 hours or more a day on Steemit most of my first 13 mths here, I just do not have that time in my life right now, and that includes for replies and voting/curation.
I have done my best, sorry if you do not understand like some are clearly having a problem with. It's a blogging platform, and I will do my best at everything, and to keep blogging.
Carry On.
Moving into the new economy, we will build this together friends.
Precious Metals are being backed as Blockchain assets every week, we can have it all.
Let's chase Liberty and rid ourselves of the Banksters messing with everyone on the planet.
-- The gold-silver ratio currently stands at 80, much higher than the historical average of 60 of recent years.
-- I share all kinds of resources in a way so we can all learn, research, teach and share news with each other.
Reminder that the Government of Canadastan sold off all reserves of our gold not long ago, in early March of 2016.
Our money, like most, is literally backed by NOTHING and that is addressed in part in the COMER.org lawsuit against the government, to return the monetary policy to the hands of the PEOPLE.
COMER is the Canadian version of END THE FED in the USSA.
--
#Gold
#Silver
#Liberty
#Freedom
Resource Today:
--
Earlier today, Bonterra Resources (BTR.V) released the long-awaited results from its preliminary metallurgical test work on samples from its high grade Gladiator Gold Deposit in Québec.
Completing metallurgical studies are a very important milestone in the development process of a gold project. You can have as much gold as you want in a resource in the ground, but if you can’t get it out of the rock easily, it really is just a bunch of worthless rock.
So….. one of the biggest de-risking mechanisms for any gold mining project, is being able to extract the gold easily from the rock through good metallurgical processing parameters, and to recover as much gold with as little effort, capital and ongoing operating costs as possible.
This sometimes can be the key component in order to justify the economics of pushing a project towards a construction or production decision, to generate a profit.
To start off, the Gladiator deposit yielded up to 76.1% recovery in the gravity circuit, and on average for all grinding sizes (coarser to fine) yielded greater than 70% gravity recovery. This confirmed the presence of a significant amount of free gold in the mineralized system. And that’s exceptional when compared to its peers across Canada / USA, as most ‘competitors’ reported average gravity recovery rates of 15% to 40%. Noting that all tested grinding sizes yield excellent gravity recoveries, it will allow for some flexibility when designing the crushing and grinding circuits. This could potentially save Bonterra an important part of its initial capex, but it coult also allow the company to reduce its operating expenses.
On average, greater than 70% of the gold reports to the gravity circuit at all grinding sizes, which potentially contributes to substantial capital reductions in the grinding circuits, potential lower reagent consumption, and highlights an opportunity for significant savings in the future processing parameters at Gladiator,”
( Statement by Peter A. Ball, VP Operations. )
--
To add to the excellent gravity recoveries, total recovery results were also well worth the wait as the combination of gravity and gravity-tail flotation tests resulted in a recovery rate of around 97%. The final icing on the cake, if even needed, the tests using gravity and gravity-cyanidation indicated the recovery rate could exceed 99%.
Not only are these amazing results (for both processing scenarios), there also is one important piece of information to harvest from these results. The difference between the recovery rates of the flotation circuit and the cyanide circuit is just 2%, which means Bonterra will have to do some trade-off studies to figure out if a cyanide leaching circuit would even make sense.
“Potentially not requiring a cyanide leaching circuit minimizes the environmental footprint of any future mining operation and could also improve potential future process economics of the project,”
-- Statement by Nav Dhaliwal, CEO of Bonterra
We don’t think Bonterra will put in the cyanide circuit as the NPV8% of a 150,000 oz/year production scenario wherein 2% more gold (3,000 oz/year) would be recovered would be just C$22M, based on a gold price of C$1700/oz. This means that if a cyanidation circuit would cost more than C$22M, Bonterra might be better off by just going for a flotation circuit as recovering less gold might actually result in a higher net present value. Of course, a final decision will only be made once Bonterra has all parameters as everything will depend on the total size of the resource and the expected average production rate (as well as the access to capital).
Another interesting fact is that the “Feed Grade” head assay results from the metallurgical testing ranged from 8.0 g/t Au to 10.0 g/t Au and showed excellent grade reconciliation with initial drill hole assays.
Considering Bonterra’s gravity and total recovery rates are easily beating the results from some peers in Canada and USA (see the table below, note, these results are rounded and not necessarily definitive), we dare to say these preliminary metallurgical results are absolutely excellent.
These results are extremely important as they confirm the excellent “clean rock” characteristics of the deposit, and the very low sulphide content such as arsenopyrite, which some of their neighbours have in their gold systems. Considering this is the very first time Bonterra has released any recovery rates of the Gladiator gold ever, this update should ease the concerns some investors might have. Not only is the gold recoverable, the actual recovery rates are exceptionally high, whilst the high gravity concentrate recovery rate indicates the ultimate processing cost (in dollars per tonne) will reside in the lower quartile compared to its peers.
The company is currently aggressively drilling the property as part of an ongoing 70,000 meter exploration program to increase the total gold resource at Gladiator. A resource update is expected for the second half of this year and that will be the second major component of a PEA which could be expected shortly thereafter. Bonterra Resources is slowly ticking all the boxes in its quest to build Québec’s next gold mine.
http://www.bonterraresources.com/en/
Bonterra (BTR: TSX-V | BONXF: OTCQX | 9BR1:FSE) is a Canadian gold exploration company based in Vancouver, BC focused on continuing to expand its NI 43-101 compliant gold resource on its Gladiator Gold Deposit, part of the world famous Abitibi Greenstone Belt in mining-friendly Quebec.
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?r...
Twitter - https://twitter.com/kitconewsnow
Google+: https://plus.google.com/u/0/116266490...
StockTwits - https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today...
Live silver price and charts: http://www.kitco.com/silver-price-tod...For more breaking news, visit
Thanks for reading, have a nice day.
HODL Img. sourced from the LEGENDARY thread where the term HODL was first..... coined - LOL. - BitcoinTalk.org
https://bitcointalk.org/index.php?topic=375643.0
If you are new to Crypto or do not know the story -- Please open that link in a new tab, take a couple mins. and read the funny thread/story, you need to know your Crypto history folks!
(:
If you liked this blog post - please Resteem it and share good content with others!
--
Some of my recent blogs:
--
Stock Images in most cases unless noted: via Giphy.com , Funny or Die.com / Pixabay.
Sources usually on image or credited if I cannot find it on an image, but sometimes I forget, sorry if this bothers anyone.
If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.
--
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Buy / Trade Crypto if you do not have an account set up to do so with Canada's largest exchange: This is my personal referral link. https://www.quadrigacx.com/?ref=3f43t58ghbs1hldzi9xystdb
Sign up to Binance Exchange with my link here: https://www.binance.com/?ref=11512223
Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
This has really upset some people but I do not force my opinions on others, or need to communicate every detail of my life or issues, most people do not care anyways. I invested around 10 hours or more a day on Steemit most of my first 13 mths here, I just do not have that time in my life right now, and that includes for replies and voting/curation.
I have done my best, sorry if you do not understand like some are clearly having a problem with. It's a blogging platform, and I will do my best at everything, and to keep blogging.
Carry On.
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?r...
Twitter - https://twitter.com/kitconewsnow
Google+: https://plus.google.com/u/0/116266490...
StockTwits - https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today...
Live silver price and charts: http://www.kitco.com/silver-price-tod...For more breaking news, visit
Thanks for reading, have a nice day.
HODL Img. sourced from the LEGENDARY thread where the term HODL was first..... coined - LOL. - BitcoinTalk.org
https://bitcointalk.org/index.php?topic=375643.0
If you are new to Crypto or do not know the story -- Please open that link in a new tab, take a couple mins. and read the funny thread/story, you need to know your Crypto history folks!
(:
If you liked this blog post - please Resteem it and share good content with others!
--
Some of my recent blogs:
--
Stock Images in most cases unless noted: via Giphy.com , Funny or Die.com / Pixabay.
Sources usually on image or credited if I cannot find it on an image, but sometimes I forget, sorry if this bothers anyone.
If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.
--
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Buy / Trade Crypto if you do not have an account set up to do so with Canada's largest exchange: This is my personal referral link. https://www.quadrigacx.com/?ref=3f43t58ghbs1hldzi9xystdb
Sign up to Binance Exchange with my link here: https://www.binance.com/?ref=11512223
Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
This has really upset some people but I do not force my opinions on others, or need to communicate every detail of my life or issues, most people do not care anyways. I invested around 10 hours or more a day on Steemit most of my first 13 mths here, I just do not have that time in my life right now, and that includes for replies and voting/curation.
I have done my best, sorry if you do not understand like some are clearly having a problem with. It's a blogging platform, and I will do my best at everything, and to keep blogging.
Carry On.