Yesterday Kentor Gold announced some initial results on the scoping study being undertaken on the multi-metal mine at the Jervois Project in the Northern Territory. It is not a hugely exciting announcement by any stretch of the imagination, but is an important stepping stone that is required to take this project forward.
The best overall response from initial testing indicated the production of a concentrate with a grade of 26% copper at 94% recovery. Testing is also being carried out on some of the lower grade material to help measure the variability in metallurgical performance.
The announcement then does on to state that Hellman and Schofield who completed the initial inferred Resource estimate have commenced an upgrade to the recent resource model incorporating the recent drill results. They don’t provide any timeframe for when this will come out, but I assume it will be in Q1 2012.
Kentor has also appointed Auralia Mining Consulting to run pit optimisation and schedules on each resource deposit at Kentor. With other consultants engaged for geotechnical and water treatment assessments.
The results of the scoping study will be available in the first quarter 2012 and it is anticipated that this will lead to a full feasibility on the project in 2012.
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