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Premium gold recoveries above 96% at Paris deposits in WA a boon for Torque

ASX News, Materials
ASX:TOR      MCAP $12.48M
17 December 2024 10:57 (AEDT)
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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.

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