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Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises a approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > Phase 1 Metallurgy
View:
Post by JRafflesUK on May 19, 2024 6:36am

Phase 1 Metallurgy

The Phase 1 Metallurgy report is produced on page 25 of the May 2024 Presentation.
 
With regard to the largest sample of the Keats Main it shows:-
 
83.6% of the gold in the sample is recovered by way of Gravity Extraction.
12.1% of the gold in the sample is recovered by way of CIL Extraction.
--------
95.7% overall gold extraction.
--------
 
Therefore, it seems that consideration may be given to the crushing and centrifuging ore on site and hauling the residue to a toll mill for extraction of the remaining 12.6% of gold.
 
Alternatively, after centrifuging the crushed ore, it could be stored at Queensway until a mill is commercially viable on site for underground mining.
 
 


 


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