Aurizon Mines Ltd fka AZK

[NYBob]

Aurizon Reports on Progress at Joanna

$6.31

9:05am EST

Aurizon Mines (AZK) announced that testwork on ore from the company's Joanna Project using the Albion process indicates that estimated overall gold recoveries would be 85.1% compared to a pre-feasibility study estimate of 86.1%. The ore on which testwork was conducted was from the Hosco Deposit at Joanna, located in northwest Quebec and performed according to recommendations contained in a pre-feasibility study completed last December.

Aurizon CEO David Hall observed that while the testwork shows the Albion process is an acceptable method of gold recovery for the Joanna project, the company will evaluate three other recovery processes while continuing to review potential improvements to the Albion process. Aurizon reported that other aspects of the Feasibility Study are proceeding according to plan, including pit optimization modeling, detailed mine plans, and progress on the environmental impact study.