Flagship scoops huge data haul for Chilean gold project
Like most of the larger gold mines in Chile, Pantanillo is a porphyrrrrrrrrocth with a thick layer of oxide above a sulfur base.
Although mineralization has already been well mapped, the flagship says that the project is still too far and it is the scope of enlarging both oxide and high -grade sulfur gold zones.
The company said that the newly acquired information will help zero on seven priority targets that could punch a serious punch. The last ground work marked the powerful oxide gold along the strike in the north and south of the Pantanilllo Central, while the Pantanillo Norte has emerged in Norte.
And fresh mineralization, magnetite and pyrite-prime geophysical markers-pine ship, aims to reshape Anglo’s magnetic data to make a fine troops of 110 square kilometers of land owner.
The company also plans to use the new data to charge the project’s metallurgical and feasibility identity information to super -charge. A study in 2012 summarized 47.4 million tons of oxide and mixed ore with 0.69 grams (g/t) for 1.05 million ounces with 85 percent improvement rate.
The ore was considered ideal for low -cost open pit mining, but the stack leakage with 46 percent oxide and 52 percent mixed material is also strict on the cards.
The process involves stacking ore on a lined pad and wetting it with a gold find solution and is rare for large Australian deposits. In the case of Pantanilllo, it can be used to reflect the success of the nearby Fenix Gold Project, 40 km north of Rio2 Limited, listed in Canada.
The Fenix is expected to recover 75 percent of the 0.48g/T Gold oxide with a heap lean. The flagship believes that Pantanillo’s similar geology can give equally strong results in some of the traditional processing costs.
The flagship, which is equipped with a new pile of data, says that it is now ready to create enough Jorc compatible resources to take into account the long -lasting, low -cost open pit or pile of Lach mine plan that can pump 100,000 ounces of gold per year for at least 10 years.
And if the incoming data meet the expectation, the flagship and Pantanilllo Gold game may become one of the fastest and most affordable gold resource growth stories of the year.
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