Sep 9 2014
Intertech Solutions Inc. announces that the Company has received all results from the analytical laboratory on the recently disclosed 1.65 ton bulk sample. The Company is very pleased to report that the gold assays received on all samples of composite ore from new and existing trenches and ore stockpiles gave an overall grade 6.39 grams per ton, or 0.190 ounces per ton.
This is our largest, and most comprehensive bulk sample processed to date and has yielded the highest overall grade. As we process larger volumes, the amount of gold recovered is increasing, which further confirms the existence of a continuous and more expansive ore body. By comparison, our 1,000 lb. sample graded 5.7 grams per ton compared to this sample which processed three times the ore volume graded 6.39 grams per ton.
We will sample a further 5 to 10 tons of ore and can now anticipate a minimum head grade of 6 grams on all ore material processed. Additionally, we are pleased that our ore continues to run within the predicted 5 to 9 gram per ton parameter range, as established during our Phase 1 program and outlined in the technical report that can be viewed on our website.
As reported on August 28th, the bulk sample material received a thorough visual inspection during all phases of the acquisition process, and of significance was that gold was viewed in all of the samples. This includes fine powder gold, flakes and needles of gold as well as nuggets up to 2 grams in weight. Through testing the gold has now been observed to be easily recoverable through simple gravity separation at the wash plant. When full operations commence, we are now very confident about achieving a very high recovery rate in excess of 95%.
Also noteworthy is the consistency of the assays throughout all the sampled material which is very important and will simplify grade control when we commence commercial production in early 2015.
The bulk sampling program being undertaken is in keeping with the recommendations of the project technical report, as well as paralleling the ongoing metallurgical studies which are analyzing the WPE gold ore, and characterizing its nature. We will continue to process more ore and larger samples, which have now shown to statistically give better and more accurate results.
The WPE Claims #1-#4 claims are located in the Middlecamp Mining District in La Paz County, near Quartzite Arizona. The gold claims cover a total of 160 contiguous acres and have easy access between Phoenix and Palm Springs, CA along Interstate 10.
Source: http://www.itecgold.com/