Naxos reports contamination

An investigation into assay discrepancies has revealed that samples from Naxos Resources’ (NAXOF-OTC) Franklin Lake property in California were contaminated during the initial assay procedure at a testing facility operated by Ledoux & Co.

The investigation was triggered when several independent laboratories were unable to confirm gold values reported by Ledoux in samples from Franklin Lake. In a letter to Naxos, Ledoux stated that the contamination “resulted from rotating gold and silver as collectors in the [assaying] protocol.” Ledoux recently re-tested all samples from Naxos’s 1998 drill program grading more than 0.015 oz. gold per ton using the assay protocol. Naxos disclosed that every sample was found to contain less than 0.003 oz. (trace) gold.

Print

Be the first to comment on "Naxos reports contamination"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close