InvestorsHub Logo
icon url

KnowProphet

11/17/13 12:39 PM

#2787 RE: KnowProphet #2786

AFYG has the stuff to do it.

Machacala Project Highlights

Project offers near-term production potential from both tailings and underground.

Previously producing property with over 235,000 tons of ore mined with estimated average grades of 6.0g/t Au and 340g/t Ag

Large un-leached tailings pile on site
Volume Est.: 210,000 Metric Tone
Grade Est.: 1. 34 g/T Au 56.36g/T Ag (average grade)
Located in a well-known mining area.
Barrick Gold, Rio Alto Mining, and Southern Peak Mining are operating in region.
Exploration drilling programs from 1996 by Gold Hawk Resources, Meridian Gold, and Buenaventura.
Drilling totaled over 8,500 m in 45 core and RC drill holes (Meridian Gold, Gold Hawk Resources).
Metallurgical studies show 87% Au, 50% Ag recoveries in 24 hrs leaching on un-milled tailings, with re-milling (-400 mesh) shows increased recoveries to 90% Au, 73% Ag in 24 hrs leaching.