Colombian Mines Achieves 91.6% Extraction In Yarujmalito Column Leach Tests
Colombian Mines Corporation (CMJ.V) announced today a 91.6% recovery of contained gold in column leach tests of oxide mineralization crushed to 80% passing 12.5 mm (1/2 inch) from the Escuela zone at the company's Yarumalito property in Colombia.
The company said these results support and confirm its earlier preliminary metallurgical studies and strongly suggest the Escuela zone at Yarumalito is amenable to cost effective, bulk heap leaching technology.
CMJ lost nearly 4% despite the announcement, reaching 27 cents. It is trading near year low $0.225.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.