Markets

New Study Cites 516K-Oz. Inferred Gold Resource for Capella Lajitas Mine in Chile

Capella Resources Ltd. (KPS.V) released an updated resource estimate for its Lajitas gold project in Chile, which includes an inferred resource estimate of 516,000 troy ounces, based on 35.4 million tons grading 0.45 grams gold per ton of ore.

Metallurgical tests for the Lajitas Project announced last year indicated gold recoveries of between 63 percent to 73 percent using conventional cyanidation. Heap leach techniques also may be feasible. Additional drilling is now planned to expand the resource area.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More