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Post by Franko10 ™ on Mar 8, 2006 17:22:57 GMT -5
Morgain Minerals Reports on Castillo Mine Bulk Test
17:21 EST Wednesday, March 08, 2006
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 8, 2006) - Morgain Minerals Inc. (TSX VENTURE:MGM) reports that the bulk sample leaching results from its 100% owned Castillo Mine in Durango, Mexico have been received. A detailed report on this bulk test being prepared by Metcon Research of Tucson, Arizona is expected to be completed shortly. The essential summary pending this report indicates that the Company can proceed to the next stage of development of the Castillo Mine.
Two trial heaps with a total of 27,000 tonnes were leached. The first heap was of very low grade to test cut-off grade characteristics, and the second being about double average grade. The ore size was run of mine, not crushed or agglomerated.
Metcon reports that based on data provided by Metals Research Corporation, a gold balance was performed for Heap I. The gold balance calculations indicate that calculated gold head content was 0.25 g/t and calculated gold recovery was 51.70%. A similar gold balance was performed on Heap 2. The gold balance calculations indicate calculated that gold head content was 1.77 g/t and calculated gold recovery was 52.54%.
Metcon further reported that: (i) heap leaching of material at a minus 3/4 inch crush size will enhance gold recovery; (ii) coarse gold does not appear to be a problem; (iii) gold liberation (crushing) is needed to increase gold recovery; (iv) the presence of copper does not appear to be a problem in the leach; and (v) silver contained in these materials does not appear to be very soluble.
The Metcon work is being carried out under the supervision of Eugenio Iasillo, P.Eng. a qualified person under NI 43-101.
Morgain is proceeding with planning for a start up of production later in 2006.
FOR FURTHER INFORMATION PLEASE CONTACT:
Morgain Minerals Inc.
Chester F. Millar
Chairman and President
(604) 643-1727
(604) 643-1726 (FAX)
morgain@telus.net
www.morgainminerals.com
The TSX Venture has neither approved nor disapproved of the information contained herein.
17:21 EST Wednesday, March 08, 2006
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 8, 2006) - Morgain Minerals Inc. (TSX VENTURE:MGM) reports that the bulk sample leaching results from its 100% owned Castillo Mine in Durango, Mexico have been received. A detailed report on this bulk test being prepared by Metcon Research of Tucson, Arizona is expected to be completed shortly. The essential summary pending this report indicates that the Company can proceed to the next stage of development of the Castillo Mine.
Two trial heaps with a total of 27,000 tonnes were leached. The first heap was of very low grade to test cut-off grade characteristics, and the second being about double average grade. The ore size was run of mine, not crushed or agglomerated.
Metcon reports that based on data provided by Metals Research Corporation, a gold balance was performed for Heap I. The gold balance calculations indicate that calculated gold head content was 0.25 g/t and calculated gold recovery was 51.70%. A similar gold balance was performed on Heap 2. The gold balance calculations indicate calculated that gold head content was 1.77 g/t and calculated gold recovery was 52.54%.
Metcon further reported that: (i) heap leaching of material at a minus 3/4 inch crush size will enhance gold recovery; (ii) coarse gold does not appear to be a problem; (iii) gold liberation (crushing) is needed to increase gold recovery; (iv) the presence of copper does not appear to be a problem in the leach; and (v) silver contained in these materials does not appear to be very soluble.
The Metcon work is being carried out under the supervision of Eugenio Iasillo, P.Eng. a qualified person under NI 43-101.
Morgain is proceeding with planning for a start up of production later in 2006.
FOR FURTHER INFORMATION PLEASE CONTACT:
Morgain Minerals Inc.
Chester F. Millar
Chairman and President
(604) 643-1727
(604) 643-1726 (FAX)
morgain@telus.net
www.morgainminerals.com
The TSX Venture has neither approved nor disapproved of the information contained herein.
