RSS SubscribeJune 28, 2023
VANCOUVER, BC, June 28, 2023 /CNW/ – MANTARO PRECIOUS METALS CORP. (TSXV: MNTR) (OTCQB: MSLVF) (FSE: 9TZ) (the “Company” or “Mantaro”) is pleased to report results from a petrographic study on drill core from the Company’s maiden drill program at the Gold Hill gold deposit in Bolivia. This report represents a final stage of verification prior to release of a maiden mineral resource estimate.Highlights:
- Gold deposition at La Escarcha, including gold grades intercepted in the maiden drill program, is primary and not related to supergene effects. This has positive implications for gold grades at depth.
- Gold occurs as free-milling native gold present primarily at quarts-carbonate crystal boundaries and along fractures within quartz and pyrite.
- Gold grain size and shape, and likelihood that a significant percentage of native gold will liberate freely during comminution, is consistent with the results of bench-scale metallurgical tests which reported excellent gold recovery by gravity and cyanidation.
- Sulphide content is generally low, which in conjunction with abundant acid-neutralizing carbonate gangue minerals, have positive implications for tailings