Chesapeake Gold Corp. Reports Advances in Mexican Precious Metal Testing
What happened
Chesapeake Gold Corp. provided an update on its proprietary heap oxidation technology at its Metates project in Durango, Mexico. The first results from the third phase of metallurgical testing showed significant advances, including the ability to maintain and improve precious metals recoveries while reducing oxidation times. Preliminary High Pressure Grinding Roll testwork is also underway to further enhance recoveries.
From recorder.ca
Why it matters
The reported improvements are expected to provide cost-economic benefits, enhance production, and lower working capital and costs for the company. The company also noted that industry interest in its technology is increasing, with third-party projects participating in the testwork program.
Chesapeake Gold Corp., headquartered in Vancouver, announced on June 11th that it is actively exploring for precious metal deposits in Mexico.
From recorder.ca