Mining Mirror February 2018 | Page 12

Global projects and exploration France 24g/t gold in Couflens rock chips Rock chip samples collected from Apollo Minerals’ Couflens Gold Project in France have identified widespread, high- grade gold mineralisation, with grades of up to 24.50 grammes per tonne (g/t). Apollo Minerals is undertaking a surface exploration programme at Couflens, of which it owns 80%. According to Apollo, numerous gold occurrences have been confirmed around the historical Salau tungsten mine, on the margins of the major granodiorite intrusion. These gold occurrences are associated with fault structures and tungsten skarn mineralisation. Furthermore, high-grade gold mineralisation has been identified at the recently discovered gold occurrence located 500m west of the granodiorite, which is not associated with tungsten. Tailings samples from a historical tailings disposal area returned grades up to 8.94g/t gold, confirming the presence of gold associated with the tungsten ore mined during the latter years of production at the historical Salau tungsten mine. The exploration programme also recognised multiple fault structures within the major granodiorite and their extensions, along strike and at depth, which represent priority gold exploration targets. Romania Results support new open pit Drilling results at AIM-listed Vast Resources’ Carlibaba polymetallic prospect in Romania, support the development of a second opencast mine at its Manaila Mine. The results are subject to an economic assessment, but includes the addition of a new metallurgical processing facility on site, which would reduce Manaila’s operational costs by about 25%. The results at Carlibaba includes significant traces of copper, lead, zinc, gold, and silver. “The development of these twin objectives, which we are looking to fund through off-take debt finance, is expected to increase throughput volumes at Manaila considerably and materially reduce operating costs, which should significantly enhance profitability in Romania moving forwards,” says Roy Pitchford, CEO of Vast. Namibia Study confirms cost reductions ASX-listed Bannerman Resources reports that the company’s membrane study has successfully progressed through the initial test-work phase at the Etango Heap Leach Demonstration Plant in Namibia. The study has validated the potential for further capital and operating cost reductions at the uranium project. Last year, Bannerman undertook a processing optimisation study (Processing OS), which reported a substantial decrease [10] MINING MIRROR FEBRUARY 2018 in estimated capital costs and the potential for significant reductions in operating costs. The Processing OS also identified the opportunity to incorporate nano-filtration technology in the processing circuit.  A subsequent desktop study by the Australian equipment vendors confirmed this potential after reviewing analytical data from the Etango Heap Leach Demonstration Plant. A membrane pilot test rig was mobilised to site to undertake an initial test work programme, under the supervision of Bannerman’s technical team and the equipment vendors. The test work used significant volumes of pregnant leach solution obtained from the operation of two cribs at the demonstration plant. An IX process was then used to make concentrated eluate solution, which was also used in the test work. Mexico La Trinidad’s life extended Canadian company Marlin Gold’s positive results from its drilling programme at the La Trinidad gold mine in Sinaloa, Mexico, bodes well for the extension of its mine life. Drilling targeted the Colinas area, less than 1km from the Taunus pit, which is within the permitted mining boundary of La Trinidad. According to Akiba Leisman, executive chairperson and interim CEO at Marlin Gold, the drilling at Colinas has focused on an area that is amenable to opencast mining along a south-east trending structural