Larvotto announces processing results from Hillgrove Project
Larvotto Resources Limited has announced positive findings from a preliminary engineering study undertaken by Mincore, a leading process engineering and EPC contractor, on the Hillgrove process plant in New South Wales, Australia.
Scoping level testing on historical gold and antimony concentrate was also completed, indicating a very high-grade concentrate of over 150 g/t Au can be produced, as compared to the process plant average of 50 g/t Au.
Highlights
Managing Director, Ron Heeks commented, “As expected, the Hillgrove Gold and Antimony Mine is shaping up to be an exciting opportunity that provides Larvotto Resources with a rapid pathway to production. The engineering study completed by Mincore indicates the Hillgrove Gold and Antimony Processing Infrastructure can produce Gold Doré (gold bars), Antimony Concentrate, and Gold Concentrate with minimal upgrades to the current circuit at an expanded crusher feed rate of 500 000 tpy, double that of historical operations. This will significantly decrease unit production costs while increasing gold and antimony production. Scoping level testwork undertaken on historical concentrate also indicates the multi gravity separator is a potential game changer for the Hillgrove Gold Mine. Taking the gold concentrate grades from around 40 g/t gold to over 150 g/t provides a high-quality gold concentrate with very low impurities that will maximise the return on sales. Larvotto suspected that simple plant modifications could improve concentrate quality while increasing production resulting in improved returns of product sales. Initial testwork has supported this and further detailed studies will commence immediately.”
Source: https://www.globalminingreview.com/