Gold Road pleased with Gruyere metallurgical test work results

THE DRILL SERGEANT: Gold Road Resources (ASX: GOR) has completed comminution and gold metallurgical extraction test programs on mineralised rock samples from the company’s Gruyere gold project in Western Australia.

The metallurgic test work is part of a Pre-Feasibility currently underway at Gruyere.

The company said the current results have confirmed assumptions used in the previous Scoping Study and are now available for input into the PFS.

The comminution test work was conducted between November 2014 and January 2015, while the gold metallurgical extractive test work took place between January and March 2015.

Accoring to Gold Road the gold extraction tests produced overall average gold recoveries of between 92.5 per cent and 97.5 per cent and gravity gold recoveries of between 22.3 per cent and 84.9 per cent.

“The latest results continue to grow our confidence that mineralisation at the 3.8 million ounce Gruyere deposit is amenable to conventional processing methods with no major flaws,” Gold Road chairman Ian Murray said in the company’s announcement to the Australian Securities Exchange.

“It is very advantageous to have the benefit of these initial PFS testwork results at this early stage of the PFS, which reflects the foresight, diligence and rigour of the team.

“We will continue to build on this work as we progress the ongoing PFS and move into the Definitive Feasibility Study.”

Email: perth@goldroad.com.au

Website: www.goldroad.com.au