HALIFAX, Nova Scotia–(BUSINESS WIRE)–Nayarit Gold Inc (TSXV: NYG) is pleased to announce positive metallurgical results from its Orion District. SGS Mineral Services (“SGS”) of Durango, Mexico was retained by the Company to complete a preliminary metallurgical investigation on the Del Norte Deposit to determine the amenability of the ore to direct cyanidation, gravity concentration and flotation. The Company has been working with SRK Consulting from Denver, Colorado who are is in the process of finalizing the NI 43-101 resource calculation with an estimated release date scheduled for next week.
Colin Sutherland, Nayarit Gold President and CEO states, “The ore at Orion responded very well to straight bottle roll leaching. Leaching of the flotation products also recorded high recoveries. The company is examining optimization of these processes to determine the best economics including increasing recoveries and reducing reagent consumption. The recoveries obtained in the bottle roll test for the low-grade sample were higher than anticipated allowing the company to evaluate more of the open-pit potential at Orion.”