Strickland exams notch up huge restoration charges at WA | Australian Markets
Metallurgical check work by Strickland Metals at its Horse Nicely gold camp in Western Australia’s northeastern goldfields has notched up whopping gold restoration charges of up to 88.6 per cent.
Perth-based ALS Metallurgy used six composite rock samples from the company’s Palomino deposit for the metallurgical research. The outcomes have been verified by MineScope Providers.
The findings confirmed the mineralised filth is very amenable to a bog-standard course of of three-stage crushing, adopted by gravity after which cyanide leach processing.
To offer a complete set of outcomes, the exams have been performed over a vary of gold grades various from 1.16 grams per tonne (g/t) to six.19g/t.
Initially, a easy gravity course of was used to find out a primary restoration fee, which got here in at 16.6 per cent to 32.5 per cent.
When cyanide leaching was added, the restoration fee was pushed up to an spectacular vary from 78.5 per cent to 88.6 per cent.
Administration says the evaluation additionally confirmed the samples confirmed little signal of carbon, arsenic or silver content material. This could considerably cut back the risk of gold loss from preg-robbing – a phenomenon the place gold can stick to those components during the cyanidation course of.
Dialling down the cyanide ranges to between 0.25 kilograms per tonne (kg/t) and 0.32kg/t, whereas boosting recoveries, has scored the company a win in gold – and price control.
By finishing metallurgical check work of recent ore we’ve efficiently de-risked future development together with drilling that may goal high-grade extensions to the Warmblood and Palomino deposits at depth and down plunge.
Positioned within Strickland’s broader Yandal gold project, the Horse Nicely gold camp spans 70 sq. kilometres of potential greenstone rock alongside the Celia shear zone. It’s 50km north of Northern Star Sources’ big 10-million-ounce Jundee gold project.
As huge because the potential for discovery is, solely 26 per cent of the drilling within the area has gone under 100 metres to this point, leaving substantial alternatives for additional treasures to be unearthed.
In efforts to quickly construct its useful resource and scorching on the heels of a 20,000-metre reverse circulation and diamond drilling marketing campaign final yr, Strickland has now kicked off a related sized drill marketing campaign for 2025.
Exploration drilling is deliberate to focus on deeper and down-plunge extensions of the Warmblood and Palomino deposits and to put more holes into its thrilling intrusion-related Nightfall ‘til Dawn gold prospect.
Numerous new targets have also been identified at Horse Well, including the Marwari, Bronco and Konik prospects.
When proven up, these prospects should add valuable ounces to the already defined Warmblood, Palomino and Dusk ‘til Dawn deposits, which span a 3km strike and currently host a combined resource of 257,000 gold ounces.
The company says it expects to release an updated resource for Horse Well in the next few weeks, which it will follow up with mining lease applications.
Strickland’s capacity to fast observe exploration at website is especially as a result of the company remains to be sitting on a huge chunk of the proceeds from the sale of the next-door Millrose deposit to Northern Star Sources for $61 million in 2023.
The company stays nicely cashed-up, even after accounting for 2 years’ value of aggressive exploration drilling at each Horse Nicely and its quickly growing 6.5m-ounce gold equal Rogozna metals project in Serbia.
With the outcomes of initial metallurgical testing now proving up high gold restoration charges and the project’s scalable processing potential, Strickland seems well-positioned to quickly grow the dimensions of the useful resource because it goals to show Horse Nicely into a important standalone WA gold asset.
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