AI image of a slot machine
Source: Adobe Stock
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Torque Metals Ltd (ASX:TOR) has achieved gold recoveries beyond 96% at two of its deposits at the Paris Gold Project in the Western Australian Goldfields region, while a third has produced a recovery of more than 90%.

Conventional leaching and gravity processes were applied to deposit composites from Paris, HHH, and Observation, with total gold recoveries of 96.1%, 96.5%, and 90.9% respectively. The percentage of gold recovered from gravity concentration was 57.6%, 68.8%, and 51.8% from these three deposits.

It was also identified that levels of cyanide-soluble copper species were quite low, meaning there is little expectation of significant impact on gold recovery through conventional cyanide leaching.

Torque managing director Christian Moreno said the results pointed to strong possibilities for exploitation of this ore.

“Exceedingly high gold recoveries achieved through conventional cyanide leaching and gravity concentration highlight the favourable, free-milling mineralogy of the prospects,” he said.

“Notably, 57.6% of gold at Paris, 68.8% at HHH, and 51.8% at Observation is recoverable through gravity methods alone, emphasising the deposits’ quality.

“Combined gold recoveries are equally impressive, with Paris achieving an average of 96.1%, HHH reaching 96.5%, and Observation achieving 90.9%.”

Torque shares have shifted up today, and at 14:34 AEDT, they were trading at 5.2 cents – a rise of 4% since the market opened.

Join the discussion: See what HotCopper users are saying about Torque and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

TOR by the numbers
More From The Market Online
Market Close Graphic

ASX Market Close: Index pares gains to close flat | December 18, 2024

The ASX200 closed flat and down just 0.06% at 8,309points. Industrials was the strongest performing sector,…
Market Update Graphic

ASX Market Update: Insignia rejects Bain bid as bourse rises | December 18, 2024

Christmas is one week away and the ASX200 has been up 0.25% at 8335 points.
A conveyer belt carrying bags of activated carbon

Carbonxt readies for production at its Kentucky plant, captures 40% ownership

Carbonxt Group has boosted its ownership of an activated carbon production plant in Kentucky to 40%,…
E-waste recycling concept

Close the Loop jumps 7% after extending due diligence grace for Adamantem

Close the Loop, a e-waste recycling firm with an international footprint, has allowed Adamantem Capital more…