Carlyle Commodities Begins Metallurgical Work At Newton Gold
FULL DISCLOSURE: This is sponsored content for Carlyle Commodities.
Metallurgical test work is about to get underway for Carlyle Commodities’ (CSE: CCC) Newton Gold Project as the management team works to push the project forward.
The company has selected Base Metallurgical Labs out of Kamloops, British Columbia to conduct the testing. Samples will be selected from previous diamond core samples collected at the Newton Project. The company aims to investigate the preliminary recovery of gold and silver for the samples provided using conventional processing tech.
It’s expected that one master composite will be assembled from a variety of samples from continuous intervals from various drill holes. Testing will focus on investigating leaching at a range of particle sizes as well as gravity concentration and sulphide flotation processes.
The Newton Gold project, found 100 kilometres west of the city of Williams Lake, BC, is said to be analogous to Artmeis’ Blackwater project, which is found 180 kilometres to the northwest.
The project, at 24,000 hectares in size, has a 2022 inferred resource estimate of 861,400 ounces of gold at 0.63 g/t, and 4.68 million ounces of silver at 3.43 g/t. Notably, the resource covers just 7% of the project, or 0.5 square kilometres. It was assembled based on 34,000 metres of drilling across 128 drill holes to date.
WATCH: Carlyle Commodities: Final Phase 1 Drill Results At The Newton Project
Carlyle Commodities last traded at $0.185 on the CSE.
FULL DISCLOSURE: Carlyle Commodities is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Carlyle Commodities on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
