(via TheNewswire)
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Above photograph of sample concentrate material with coarse visible gold collected as part of the cleanup program.
It is anticipated that WRLG may recover 2,500 oz of gold from the clean up, worth a total of USD
The
“It was known that the previous operator hadreconciliation issuesbetween the mined ore and the milled ore at the
“Mining reconciliationis a crucial process that connects the theoretical aspects of mining planning with the actual on-ground operations,”writes Anglo American geologist
“Mills are mechanical entities,”
“The goal is for every grain of rock that enters the mill to come out the other side, either as gold or waste,” Mostert continued. “Initially, some gold will get trapped in a mill’s nooks and crannies. Once these are filled, or ‘packed’ with rock, the process becomes more efficient, more gold makes it out the business end of the mill.”
An experienced operator understands how to smooth out and minimize these traps so that gold losses are minimal.
“Gold losses can happen in all kinds of ways,” confirmed Mostert. “From wind blowing ore dust off the tops of mine haul trucks, to ore falling out when dumped and reloaded in transit, to mill traps and poor recoveries. Failing to fix these problems can create major problems for an operating mine.”
“The previous operators only ran the mill for a short time before shutting down. They did not have the opportunity to optimize the mill process or sort out the gold traps. We realized that we could capitalize on those inefficiencies. Our objective was to capture the value of the gold and to better understand the traps and how to fix them,” stated Mostert.
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“Afterfinding substantial gold locked up in the circuitsduring the preliminary phase of the Gold Recovery Program,” reports WRLG. “The Company launched a thoroughtechnical investigation of the milland mill workingsto understand the degree to which this contributed to the previous operator’s reconciliation issues”.
“In certain locations on site,” continued WRLG. “Installation errors had created sizeable ‘gold traps’, resulting in anotable amount of gold remaining in these physical gold trapsinstead of making it through the mill. Gold was found physically trapped in Ill-fitting liners in the ball mill, the SAG mills, uncleaned filters.”
FIGURE 2. Photograph of material to be processed from the mill cleanup program.
WRLG’s flagship asset -
WRLG’s previous operator was under-capitalised. Debt repayment obligations forced the company into a quick-to-cash-flow mine model that was expensive and inefficient and lead to sub-economic production.
The strategy for the Madsen Mine Restart is: 1.De-risk Resources(in-fill and expansion drilling, UG development 2.Restart Planning(engineering, mill expansion assessment, optimisation 3.Restart Execution(assembling team, community relations, focus on operability and profitability).
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Based on the significant amount of gold recovered during the initial investigation, a second and more comprehensive phase of the Gold Recovery Program was initiated in early 2024 with a focus on the ball mills and the semi-autogenous grinding (SAG) mills.
In the following video,
“The SAG mills are the primary or first stage grinder for material entering the mill,” confirms WRLG. “Which is then followed by the secondary ball mills”.
As part of the second phase of the Gold Recovery Program, WRLG has engaged a firm in
“Less than a year after acquiring the
“Our immediate focus has been recovering gold throughout the
“The gold traps we discovered in the
Contact:guy.bennett@globalstocksnews.com
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References:
SRK Consulting . (2021). Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for thePureGold Mine ,Canada (West Red Lake Gold Mines , Ed.) [Review of Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for thePureGold Mine ,Canada .Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US1,800/oz. Please refer to the technical report entitled “Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the
PureGold Mine , Canada”, prepared bySRK Consulting (Canada) Inc. , and datedJune 16, 2023 , and amendedApril 24, 2024 . A full copy of the SRK report is available on the Company’s website and on SEDAR+ at www.sedarplus.caMineral resources that are not mineral reserves do not have demonstrated economic viability. Please refer to the technical report entitled “Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the
PureGold Mine , Canada”, prepared bySRK Consulting (Canada) Inc. , and datedJune 16, 2023 , and amendedApril 24, 2024 . The Madsen Resource Estimate has an effective date ofDecember 31, 2021 and excludes depletion of mining activity during the period fromJanuary 1, 2022 to the mine closure onOctober 24, 2022 as it has been deemed immaterial and not relevant for the purpose of the updated report. A full copy of the SRK report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca
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