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Metal & Mining Stocks
Starcore International Mines (TSX: SAM) Announces Positive Results from CIL Circuit Test at San Martin Mine
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Highlights
Starcore International Mines Ltd. (TSX:SAM) has reported successful results from an in-plant test of the Carbon-in-Leach (CIL) circuit at its San Martin mine and processing plant. The test, conducted by Kappes, Cassiday & Associates (KCA), processed approximately 2,000 tonnes of carbonaceous ore, yielding a gold grade of 2.2 g/t and a silver grade of 20.7 g/t. The results showed that the current plant configuration is capable of recovering over 80% of the gold and 63% of the silver from these ores.
The carbonaceous ore, which has been mined from specific stopes in the San Martin underground area, is now being processed alongside the regular oxide ore. This is possible due to the existing ball mill and leach tanks, which had previously been underutilized. KCA is now working to modify the San Martin plant for continuous processing of carbonaceous ore. Initially, the plant will process 100 tonnes/day of carbonaceous ore, with plans to gradually increase this to 180 tonnes/day within a few months.
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