New Found Gold Corp V.NFG

Chrysos

[Gangsterme]

Chrysos|/caption] AUSTRALIA - Kirkland Lake Gold has signed a deal with Chrysos, to install the company's

PhotonAssay technology at its Fosterville mine in Australia. Chrysos PhotonAssay is a chemistry-free replacement

for fire assays - it uses high-energy X-rays to excite atomic nuclei for enhanced analysis of gold, silver, and

complementary elements, in as little as two minutes. Chrysos PhotonAssay allows measurements of samples that

weigh up to 500 grams and provides a true bulk reading, independent of the sample's chemical or physical form.

The process is non-destructive, and all samples can be retained for further testing or analysis (see CMJ's August

2020 issue for a feature on Chrysos). "We believe the PhotonAssay method has potential benefits for our business

that include simple sample preparation, fast turnaround times for high-quality results, and improved outcomes

related to health, environment, and the community," Wess Edgar, Kirkland Lake Gold's chief geologist for Australia,

said in a release. "The sample charge used in the PhotonAssay method is approximately 10 to 20 times larger than

existing fire assay, and thus has potential for a more representative assay result of the entire crushed sample, which

is considered important for samples containing high gold grades and/or visible-gold, as are often found at

Fosterville." "We are seeing increasing interest in Chrysos PhotonAssay from both laboratories and miners. Recent

developments across the sector are driving a desire for technological solutions that deliver measurable productivity

gains and true competitive advantage,." added Dirk Treasure, CEO of Chrysos. The PhotonAssay unit has been

delivered to Fosterville, and is expected to be fully operational by early October. On-site laboratory services will staff

and operate the unit for Kirkland Lake Gold. For more information, visit www.Chrysos.com.au.

[Dixiedee]

  Bolds well for the technology 

[eldreco]

Thanks Gangster, I knew this was going to happen - the fire assay companies really shot themselves in the foot this time.  Delays like we have been enduring are simply too expensive to the companies in terms of both planning and marketing...It amounts to lost opportunity! In the next few years...3 to 5...the entire industry will embrace this sensible tech.  The trad fire assay companies

[Global1966]

Just for clarification. Chrysos was used in Fosterville since October 2020

[eldreco]

Thanks Global, That's what I thought too...but then thought that perhaps they had the actual machines in Perth back then (and QH told me this ages ago, as he went through the same thing) because the Chrysos needs grid power (not diesel) to be effective.  I figured Gangster was saying that Kirkland was perhaps finally able to bring it in-house.  Either way, it is good to have it

[braindeadoldguy]

This post has been removed in accordance with Community Policy

[cashworx]

This post has been removed in accordance with Community Policy

[Dixiedee]

  You are correct it is new to North America and the more it is used the better it will be 

[Global1966]

Correct me if I am wrong but companies still have to use fire assays until Chrysos is accepted by regulators. If this is right then Chrysos is only used as a tool to expedite information on drilling for the geologists. So delays in lab results will continue for quite a while, until labour and supply lines are normalised. This could be a few years Keeping a lid on Chrysos data will be an issue in

[braindeadoldguy]

This post has been removed in accordance with Community Policy

[Retiredgeo]

I have sent your question to Chrysos.  I am awaiting their reply.