What's Happening?
Arizona Gold & Silver is conducting a metallurgical testwork program to assess the viability of a heap leach operation at the Philadelphia Project in Arizona. Recent tests using high pressure grinding
rolls (HGPR) have shown promising results, with gold recovery rates reaching 76% and silver recovery at 40% after 199 days of leaching. The company aims for an 80% recovery of gold within 150 days, demonstrating higher efficiency compared to conventional methods. This project is crucial for evaluating the economic potential of the site.
Why It's Important?
The successful implementation of heap leach technology could significantly enhance the economic viability of the Philadelphia Project, potentially leading to increased gold and silver production. This advancement may attract further investment and development in the region, boosting local economies and job creation. The project's success could also set a precedent for similar operations, influencing mining practices and technologies in the industry.
