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U.S. Gold Corp. Selects Glencore Technology's Jameson Cell Flotation Equipment for Improved Gold and Copper Recovery at the CK Gold Project
Prnewswireยท 2025-08-21 12:00
Core Viewpoint - U.S. Gold Corp. has adopted Glencore Technology's Jameson Cell Flotation Equipment to enhance gold and copper recovery at the CK Gold Project, following extensive engineering and optimization studies [1][2][4]. Group 1: Technology Adoption - The Jameson Cell flotation technology is expected to improve metal recovery, reduce power consumption, and require less space compared to conventional flotation cells [2][4]. - U.S. Gold conducted additional testing on CK Gold Project ore, confirming increased recovery rates for both gold and copper compared to the February 2025 Prefeasibility Study [3]. Group 2: Economic Impact - A trade-off study estimated that incorporating Jameson Cells could enhance the project's Net Present Value (NPV) by approximately $36 million over the mine's life compared to traditional tank flotation technology [4]. - The study also indicated potential reductions in operating costs and equipment needs, contributing to the project's overall economic robustness [4]. Group 3: Strategic Partnerships - Glencore Technology has provided a limited performance guarantee and continues to support the engineering and cost parameters for the proposed equipment [5]. - U.S. Gold has secured pricing for unused Jameson Cells through October 2025, originally intended for a canceled project, ensuring cost stability for the implementation [5]. Group 4: Company Overview - U.S. Gold Corp. is a publicly traded company focused on gold and copper exploration and development, with the CK Gold Project located in Southeast Wyoming [8]. - The company also has exploration properties in Nevada and Idaho, indicating a diversified portfolio in the mining sector [8].