Business & Finance
Tue, May 18, 2010Mon, May 17, 2010Sat, May 15, 2010Fri, May 14, 2010Thu, May 13, 2010Wed, May 12, 2010Tue, May 11, 2010Pacific Comox Resources Ltd.: Comox's Leach Test # 2 on a 12.9 Tonne Sample Gave Recoveries of 70% for Gold and 55% for Silver
//business-finance.news-articles.net/content/201 .. recoveries-of-70-for-gold-and-55-for-silver.html
Published in Business and Finance on Thursday, May 13th 2010 at 11:40 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
TORONTO, ONTARIO--(Marketwire - May 13, 2010) - Pacific Comox Resources Ltd. (TSX VENTURE:PCM) reports the cyanide leaching results of the second bulk sample of gold/silver mineralization at Mabel. Based on the beginning and ending assays, the gold recovery was 70% and silver 55% for a 12.9 tonne sample of mineralization from a number of outcropping lower grade veins on the Mabel property, during a 16 day leach period and crushed to 1.3 cm (0.50 inches). The head grade for Test # 2 was 1.4 grams/tonne (g/t) for gold and 35 g/t for silver.
About 2,000 tonnes of higher grade mineralization have been blasted in the Carmelitas area of Mabel for a larger Leach Test # 3 with an onsite pad. These tests will provide data for the preliminary economic assessment of gold/silver production at Mabel using a cyanide leach process and for process design.
Carmelitas has been an area of concentrated drilling to outline at/near surface gold/silver mineralization on a tighter drill spacing basis than other areas of Mabel. To-date 195 mineralized holes have been drilled including 46 higher grade holes that averaged 2.9 g/t gold and 104 g/t silver, with an average mineralized interval of 4.5 meters.
Bhagwat Singh P. Eng. serves as the qualified person (QP) for the exploration programs under the definitions of National Instrument 43-101. The geologist on the Mabel program is Cesar Lemas. A split sample of the feed and tails from the leach test was collected by Company staff and shipped by Company staff to the ALS Chemex sample preparation facility at Hermosillo, Sonora which forwards prepared samples to the ALS Chemex Vancouver facility for assay.
Donald Empey, President
View the Company web site at [ www.pacificcomox.com ], email [ dempey@pacificcomox.com ], contact Donald Empey at tel: 416 977 4653, fax: 416 977 8335, or the Company filings on SEDAR at [ www.sedar.com ] for further information.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
