{"id":405065,"date":"2020-12-23T08:03:23","date_gmt":"2020-12-23T13:03:23","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=405065"},"modified":"2020-12-23T08:03:23","modified_gmt":"2020-12-23T13:03:23","slug":"cache-exploration-returns-98-free-gold-recovery-from-leachwell-testing-from-the-kiyuk-lake-gold-project-nunavut","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cache-exploration-returns-98-free-gold-recovery-from-leachwell-testing-from-the-kiyuk-lake-gold-project-nunavut\/","title":{"rendered":"Cache Exploration Returns 98% Free Gold Recovery from Leachwell Testing from the Kiyuk Lake Gold Project, Nunavut"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

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\n VANCOUVER, BC<\/span>, Dec. 23, 2020<\/span> \/PRNewswire\/ –\u00a0Cache Exploration Inc. (the “Company” or “Cache”) (TSXV: CAY) (OTC Pinksheet: CEXPF)\u00a0is pleased to announce the results from metallurgical tests from the Rusty Zone at the Kiyuk Lake gold project, Nunavut<\/span>.<\/p>\n

\n

\n
\n \"Cache
\n <\/a>\n <\/p>\n<\/p><\/div>\n

The previously reported intercept of 8m<\/span> @ 26.4 g\/t Au reported from KI17-001 from 2017 summer drilling in the Rusty zone was submitted to SGS Laboratories for metallurgical testing and screen metallics. Cache is please to report that leachwell active accelerated cyanide leach testing returned an average of 98% free gold recovery from the intercept.<\/p>\n

Both leachwell and metallic screens yielded slightly lower Au values over the intercept of 21.5 g\/t Au and 24.2 g\/t Au respectively. These values are lower compared to the original 50 g fire assay results, but these lower values are considered to be more precise estimates of the Au content of the sample. Regardless, they confirm the high-grade nature of the Au intersection examined.<\/p>\n

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\n Jack Bal<\/span>, CEO of Cache Exploration Inc<\/b>, states “The 98% free gold recovery tell us the metallurgy of Kiyuk Lake is mainly free gold. This simplifies the metallurgy of the deposit and lowers the cost of recovery of Gold. We are extremely pleased with the upcoming\u00a0 drill program”<\/p>\n

\n Table 1\u00a0Results from Leachwell and Metallic Screen tests<\/i>\n <\/p>\n

\n\n\n\n\n\n\n\n\n\n\n
\n

\n
\n Sample Number<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Original Au<\/b>
\n <\/span>\n <\/p>\n

\n
\n ppm<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Leachwell Au<\/b>
\n <\/span>\n <\/p>\n

\n
\n ppm<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Tails FA Au<\/b>
\n <\/span>\n <\/p>\n

\n
\n ppm<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Total Au<\/b>
\n <\/span>\n <\/p>\n

\n
\n ppm<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Free Au<\/b>
\n <\/span>\n <\/p>\n

\n
\n %<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Metallic Au<\/b>
\n <\/span>\n <\/p>\n

\n
\n ppm<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n A00207356<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.025<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.89<\/span>\n <\/p>\n<\/td>\n

\n

\n <0.005<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.89<\/span>\n <\/p>\n<\/td>\n

\n

\n 100<\/span>\n <\/p>\n<\/td>\n

\n

\n 1.74<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n A00207357<\/span>\n <\/p>\n<\/td>\n

\n

\n 4.52<\/span>\n <\/p>\n<\/td>\n

\n

\n 5.7<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.037<\/span>\n <\/p>\n<\/td>\n

\n

\n 5.737<\/span>\n <\/p>\n<\/td>\n

\n

\n 99<\/span>\n <\/p>\n<\/td>\n

\n

\n 6.24<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n A00207358<\/span>\n <\/p>\n<\/td>\n

\n

\n 103<\/span>\n <\/p>\n<\/td>\n

\n

\n 73.5<\/span>\n <\/p>\n<\/td>\n

\n

\n 1.82<\/span>\n <\/p>\n<\/td>\n

\n

\n 75.32<\/span>\n <\/p>\n<\/td>\n

\n

\n 98<\/span>\n <\/p>\n<\/td>\n

\n

\n 85.1<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n A00207359<\/span>\n <\/p>\n<\/td>\n

\n

\n 7.45<\/span>\n <\/p>\n<\/td>\n

\n

\n 6.21<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.235<\/span>\n <\/p>\n<\/td>\n

\n

\n 6.445<\/span>\n <\/p>\n<\/td>\n

\n

\n 96<\/span>\n <\/p>\n<\/td>\n

\n

\n 4.24<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n A00207361<\/span>\n <\/p>\n<\/td>\n

\n

\n 1.2<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.71<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.019<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.729<\/span>\n <\/p>\n<\/td>\n

\n

\n 97<\/span>\n <\/p>\n<\/td>\n

\n

\n 1.32<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n A00207362<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.006<\/span>\n <\/p>\n<\/td>\n

\n

\n <0.01<\/span>\n <\/p>\n<\/td>\n

\n

\n <0.005<\/span>\n <\/p>\n<\/td>\n

\n

\n <0.01<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n <0.01<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n A00207363<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.007<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.03<\/span>\n <\/p>\n<\/td>\n

\n

\n <0.005<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.03<\/span>\n <\/p>\n<\/td>\n

\n

\n 100<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.04<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Totals<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 116.208<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n 89.151<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 98.68<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n Summary of Analysis:<\/b>\n <\/p>\n

A 1 kg split of coarse reject material from a selected high-grade intersection was pulverized at SGS Red Lake. Approximately 400 g of this material underwent screened metallic fire assay at Red Lake<\/span> using a 200 mesh (75 micron) screen, with a duplicate 50 g fire assay of the -200 mesh material (method GO FAS30k). The +200 mesh material was fire assayed in total. The assay results are weighted by the respective weights of the +200 and -200 grain size fractions to calculate a total Au value for each sample. 500 g of material was also sent to SGS in Burnaby<\/span> for an active accelerated cyanide leach (Leachwell method code GE LWL69K). After tumbling for 24 hours, an organic solvent (DIBK) was added to extract the Au and the solvent analyzed using AAS. This assay gives the concentration of free Au in the sample that can be extracted using cyanide. A 50 g fire assay of the tails gives the concentration of Au that was not dissolved in the cyanide. Combined, the two values give a bulk Au assay for the 500 g sample, as well as the proportion of free to encapsulated Au in the sample for the pulverization used. In this instance nearly 100% of all Au in the sample was liberated during pulverization and was available to be taken up by the cyanide solution.<\/p>\n

\n Rusty Zone
<\/b>Drilling at the Rusty zone will be focused on offsetting the high-grade gold intercepts in 2017 and expanding the disseminated gold mineralization at depth and at surface to the south and east.\u00a0 Drilling in 2013 and 2017 demonstrated strong continuity of breccia-hosted gold mineralization within the Rusty zone.\u00a0 <\/p>\n

Highlights from previous drilling at Rusty include:<\/p>\n