ASX:CRS

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Caprice Resources Says Western Australia Deposit Metallurgical Testing Confirms Amenability to Gravity, Carbon-in-Leach Processing

Caprice Resources (ASX:CRS) said results of initial metallurgical testing undertaken on the Vadrians deposit at its Island gold project in Western Australia confirmed the gold mineralization is highly amenable to conventional gravity and carbon-in-leach processing, according to a Tuesday Australian bourse filing.A representative high-grade fresh mineralization composite sample returned overall gold recoveries of 94% at a normal grind size with rapid leach kinetics and moderate reagent consumption, with recoveries of 92% still present at a coarser grind.Gravity gold recoveries exceeding 33% support the future potential for a simple, low-cost processing route.

ASX:CRS

Asia41d ago

Caprice Resources Says Drilling at Western Australia Gold Project Encounters Shallow Mineralization; Shares Jump 47%

Caprice Resources (ASX:CRS) says drilling encountered shallow gold mineralization from ongoing drilling and defined a new high-grade zone located around 120 meters parallel to the primary Vadrians lode at the Island gold project in Western Australia, according to a Wednesday Australian bourse filing.This included the highest grade intercept at the project to-date of 22 meters at 66.2 grams per tonne (g/t) grade of gold, including 8 meters at 181 g/t grade of gold from just 42 meters downhole, per the filing. Immediate follow-up of this intercept is being planned, with drilling expected to restart next week.The company's shares jumped 47% in recent trading on Wednesday.

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