Houston Lake fills till from bulk sample

摘要

Houston Lake Mining (HLM-V, HLKMF-O) realized a profit of just over 50,000 dollars from a bulk-sampling program at its West Cedartree gold project near Sioux Narrows, Ont. A 1,041-tonne bulk sample from the property's Angel Hill zone, which graded 5.7 grams gold per tonne, yielded 176.5 oz. gold when milled, for a recovery of 93 percent, which was sold for 674.85 US dollars per oz. After costs of sampling, transport and milling, Houston Lake made 51,848 dollars. The milling recovery matched well with earlier metallurgical tests that predicted a recovery of 93.4 percent.