Aurogin Announces Results of Metallurgical Program and Initiates Major Drill Program
TORONTO, ONTARIO--(CCNMatthews - Jan. 9, 2006) - Aurogin Resources Ltd. ("Aurogin")(TSX VENTURE:AUQ) is pleased to report that it has received very encouraging results from the most recent phase of metallurgical test work at SGS Lakefield Research Limited in Lakefield, Ontario, Canada ("SGS Lakefield").
As part of ongoing detailed engineering efforts for the El Sastre Project ("El Sastre") in Guatemala, four representative samples were sent to SGS Lakefield for advanced gold leaching studies. The samples were subjected to modified bottle roll tests used to simulate heap leach conditions. Results demonstrated high gold recoveries of 90% to 96% after 14 days with typical reagent consumptions (0.4 to 0.7 kilograms per tonne of cyanide and 1.4 to 3.6 kilograms per tonne of lime). Leach kinetics were found to be extremely rapid. Final leach solutions were analyzed and found to contain negligible levels of deleterious impurities.
Darren Koningen, P.Eng., Vice-President of Engineering for Aurogin, is the Qualified Person as defined under National Instrument 43-101 responsible for all engineering work at El Sastre. "These results confirm that El Sastre gold is fine-grained and consistent with our expectations for a low-cost, high-recovery heap leach operation." Mr. Koningen noted. "The gold leached very quickly; averaging 88% recovery in the first 24 hours." he added.
Aurogin's El Sastre Project is high-grade, near-surface oxide gold deposit with environmental permits in place. Aurogin's Guatemalan holdings include three other gold zones in the immediate El Sastre area. The Company is currently embarking on an aggressive drilling program aimed at expanding the known resource and bringing the others into NI 43-101 compliance. Management believes the zones are part of a large gold system with the potential to host +1.0 million ounces.
Aurogin Resources Ltd. is a TSX Venture Exchange listed company focused on near term gold production from its Guatemalan Project. Further information can be found on Aurogin's web site at: www.auroginresources.com.
Aurogin Resources Ltd. Listed: 'AUQ' - TSX Venture
Issued: 43,105,721 common shares
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