NORTHERN GOLD MINING INC. is pleased to announce the initial results from the bulk sampling program at its Garrcon Project, part of the Company's Golden Bear Project. As of October 16th, 13,183 dry tonnes of mineralized material had been processed in two batches by St Andrew Goldfields Ltd. at their Holt Mill.
Approximately 800 troy ounces of gold was recovered from the mineralized material, which had an average grade of approximately 2.0 g/t. Final reconciliation from the second batch is pending refinery adjustments.
"The bulk sample program to date has focused on the west pit. As we transition to the east pit area, we anticipate higher grade material as suggested by the ongoing definition drilling program. Building inventory, maintaining grade and cost controls are our focus. Gathering "real world" production metrics and costing to support a pre-feasibility study for the Garrcon Project is the goal of the bulk sample program. At this stage, things are going very well." said Eric Moeller, President and Chief Executive Officer of Northern Gold.
Duncan Middlemiss, President and Chief Executive Officer of SAS, said, "The throughput and recovery of the Garcon ore has been impressive. Recoveries to date have averaged approximately 95%, which result in the low tailings grades of less than 0.1g/t experienced over the current milling campaign."
As stockpiles build up, the Company expects to process up to two 8,000 tonne batches per month until a minimum of 80,000 tonnes are processed.
The technical aspects of this press release have been reviewed and approved by Michael Gross, M.Sc., P.Geo., the "Qualified Person" as defined by National Instrument 43-101 for the Golden Bear Project.
Source: http://www.northerngold.ca/