Heap Leach Gold ProductionSunridge has conducted extensive metallurgical test work on the gold material from the gold oxide caps of the Emba Derho and Debarwa deposits and the Gupo Gold deposit since completion of the PFS. Test work, including column tests of gold ores to simulate heap-leach gold processing, has been completed on each deposit to support heap leach production with leach results utilizing ¼ inch and ½ inch material demonstrating 51% to 71% gold recovery. The heap-leaching process will provide Sunridge the opportunity to generate revenue from the precious metals earlier in the mine life thereby benefitting the project economics. This is an improvement to the gold processing plan in the PFS which outlined a Carbon in Pulp (CIP) facility which would have stockpiled the material from the gold caps and processed it at the end of the mine life.
Sunridge Reports Feasibility Study For Asmara Project, Eritrea On Schedule For Completion Q2 2013; Focus On Early Cash Flow And Lower Initial Capital Costs
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts