Geological ore reserves on the Carbonate Hill property in Colorado, in the Cripple Creek mining district, have been calculated to be 14 million tons grading 0.031 oz gold per ton, Levon Resources reports. The updated figures were based on computerized techniques using higher grades achieved through column leach tests, the company reports. Consulting engineers are currently preparing data for production permits to construct an open pit, heap leach mine with a capacity of one million tons of ore per year.
The company reports a sampling plant has been completed for the testing of large ore samples to determine more effectively ore grades.
Be the first to comment on "Levon updates oil reserves"