Clancy Wendt, VP Exploration of MAX, states: "We are extremely pleased by these preliminary results, which demonstrate the feasibility of utilizing low-cost heap leach mineral extraction technology at Majuba Hill. Test work is still ongoing with respect to longer term thiosulphate leaching, with a number of processing methods also being examined and tested, with a view to determining the optimum recovery system for Majuba Hill."Drilling by MAX in 2011 and 2012 intercepted high-grade copper/silver supergene oxide mineralization over long intervals starting at surface, confirming that Majuba Hill is highly prospective for the development of a bulk-tonnage, open-pit deposit. Permitting is underway for a development drill program at Majuba Hill designed to define an initial NI 43-101 compliant inferred resource estimate by the end of 2013.
MAX Announces Positive Metallurgical Results From Majuba Hill, Nevada, With Leach Recoveries Of 84.6% For Copper And 73.4% For Silver
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