Metallurgical Testwork
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FireFly announces major high-grade copper and gold exploration breakthrough at Green Bay
Globenewswire· 2025-10-26 22:47
Core Insights - The Green Bay Copper-Gold Project in Canada is revealing an extremely high-grade core of copper and gold mineralization over a strike length of at least 800 meters, which remains open for further exploration [2][5][4] - Recent drilling results have shown significant intersections, including 43.6 meters at 7.6% copper equivalent (CuEq) and 15 meters at 16% CuEq, indicating a rich mineralized core that will impact the upcoming Mineral Resource Estimate [2][7][33] - The current Mineral Resource Estimate for Green Bay totals 24.4 million tons at 1.9% for 460,000 tons CuEq of Measured & Indicated Resources and 34.5 million tons at 2.0% for 690,000 tons CuEq of Inferred Resources [11][12] Drilling Results - Recent drilling has confirmed the presence of high-grade mineralization, with notable intersections such as 43.6 meters at 7.6% CuEq in hole MUG25-214, which includes an upper VMS zone grading 14.9 meters at 16.0% CuEq [2][33] - Additional significant intersections include 49.0 meters at 6.1% CuEq in hole MUG25-202 and 86.3 meters at 3.7% CuEq in hole MUG24-079, showcasing the potential for large-scale mining [2][6][11] - Infill drilling has also returned exceptional results, such as 4.1 meters at 17.4% CuEq and 16.0 meters at 13.5% CuEq, further confirming the high-grade nature of the mineralization [8][39] Exploration and Resource Conversion - Eight diamond rigs are currently operational, focusing on upgrading the existing Mineral Resource, extending known mineralization, and exploring new regional discoveries [2][19] - Regional exploration is actively underway, with drill rigs testing conductive geophysical anomalies in the central Green Bay leases, indicating ongoing efforts to expand the resource base [3][14] - The company is well-funded to accelerate its growth campaign and engineering studies following a recent equity raising [15]
Cartier Starts Metallurgical Testwork Program at Cadillac
Globenewswire· 2025-09-30 12:00
Core Viewpoint - Cartier Resources Inc. has initiated a comprehensive metallurgical sampling and testwork program for its Cadillac Project, aimed at optimizing processing methods and enhancing project economics [1][2]. Group 1: Program Objectives - The metallurgical program is a critical milestone for de-risking the Cadillac Project, focusing on understanding mineralized material responses to processing methods to define an efficient and cost-effective flowsheet [2]. - The program aims to reduce capital and operating costs while improving the environmental footprint, ultimately enhancing shareholder value [2]. - The initiative follows the launch of baseline environmental studies and aims to generate updated, high-quality data reflecting current standards [3]. Group 2: Historical Context - Historical production from the Chimo mine processed approximately 2.4 million tonnes of mineralized material from 1966 to 1997, with an average recovery rate of 90.6% for contained gold [4]. - The first two operators achieved higher extraction rates of around 94%, while the last operator, Cambior, saw a drop to 89% [4]. Group 3: Methodology of Testwork - The testwork will utilize NQ-size half-drill core intervals to represent the mineralization and average head grade, generating six composites totaling 300 kg from three deposits [6]. - Composites will undergo cyanidation tests at different grind sizes, followed by gravimetric concentration separation and cyanide destruction tests [7]. Group 4: Expected Outcomes - The program aims to define expected gold recovery rates and improve upon historical results from the Chimo deposit, while establishing recovery data for the East Chimo and West Nordeau deposits [9]. - It will support the development of an integrated process flowsheet and provide critical data for future trade-off studies [9]. Group 5: Company Overview - Cartier Resources Inc. is focused on gold exploration and development in Quebec, with a strategy to unlock the potential of its Cadillac Project, which covers 14,000 hectares along the Cadillac Fault [12][14]. - The Cadillac Project integrates the historic Chimo Mine and East Cadillac projects, positioning the company for rapid advancement and value creation [12].