• VTX flags enrichment of stockpiled material from 3.7g/t to 16.22g/t gold grade during ore sorting test work at Reward gold mine.
  • This low-grade stockpile has not been included in mining studies to date.
  • Company confident sorting technology will result in economic improvements for underground ore too.

 

Special Report: Vertex Minerals has announced a whopping 337.2% increase in grade during ore sorting to 16.22g/t gold as it gears up to restart the Reward gold mine in NSW.   

Vertex Minerals (ASX:VTX) has now completed an ore sorting test program with TOMRA to assess the potential of upgrading the ore prior to further processing through the Hill End gravity gold mill.  Low grade stockpiles have shown an excellent response to ore sorting with 79% mass reduction achieved with a corresponding gold recovery of 94%.

A 94kg sample from the low-grade stockpile at Reward yielded the following results:

  • Head grade to Sorter weighted average grade (WAG) = 3.70 g/t gold
  • Ore grade WAG after sorting = 16.22g/t gold (337.20% increase on grade)
  • Ore/waste split after sorting = 19.31kgs Ore vs 74.54kgs Waste (79% mass reduction); and
  • Gold lost to waste fraction = 0.03grams (>90% efficiency)

 

Looking to process stockpiles economically

Vertex believes the ore sorting technology can positively impact the sustainability and profitability of its operations at Reward by processing high-grade ore post sorting, resulting in reduced energy and water consumption, leading to lower operating costs and a reduced carbon footprint.

“The ore sorting results are compelling and confirm the Reward gold ore is perfectly suited for this technology,” Vertex executive chairman Roger Jackson said.

“By upgrading the Reward high-grade ore material to an even higher grade significantly enhances the potential of Reward by reducing processing costs and increasing the returns per tonne.”

The company says there’s even more room for potential improvement, with the tailings material volume able to be significantly reduced, leading to further ESG benefits and cost savings.

 

 

This article was developed in collaboration with Vertex Minerals, a Stockhead advertiser at the time of publishing.

 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.