Aton Reports up to 97.9% Gold Recovery From Initial Scoping Level Metallurgical Testwork at the Semna Prospect

In This Article:

VANCOUVER, BC / ACCESSWIRE / January 4, 2024 / Aton Resources Inc. (TSXV:AAN) ("Aton" or the "Company") is pleased to update investors on the results of initial scoping level metallurgical testwork from its recent Semna drill discovery. Semna is located within the Company's 100% owned Abu Marawat Concession ("Abu Marawat" or the "Concession"), in the Eastern Desert of Egypt, see Figure 1.

Highlights:

  • 2 composite metallurgical samples (SMMET-01 and SMMET-02), representative of mineralisation from the Main Vein zone at Semna, underwent scoping testwork. The 2 samples were selected and composited by Aton geologists from reverse circulation percussion ("RC") drill hole samples, and dispatched to Wardell Armstrong International Ltd ("WAI") in the UK for testing;

  • The 2 composite samples were subjected to whole ore cyanide leach tests at a grind size of 80% passing 75μm. The leach test results showed final gold recoveries of 97.4% (SMMET-01) and 97.9% (SMMET-02), after 48 hours of leaching. Silver recoveries were 85.2% (SMMET-01) and 87.9% (SMMET-02);

  • The 2 composite samples were also subjected to two-stage bulk gravity separation tests at grind sizes of 80% passing 212μm and 75μm. Gold and silver recoveries to the gravity concentrates were 56.4% and 38.0% respectively from sample SMMET-01, and 62.2% and 39.0% respectively from SMMET-02;

  • Intensive cyanide leaching of the SMMET-01 gravity concentrate achieved gold and silver recoveries of 98.3% and 96.5% respectively, after 48 hours. Leaching of the SMMET-02 gravity concentrate achieved gold and silver recoveries of 98.6% and 97.3% respectively, after 48 hours;

  • Separate cyanide leaching of the gravity tailings achieved gold and silver recoveries of 93.0% and 78.1% from the SMMET-01 sample after 48 hours, whilst gold and silver recoveries from the SMMET-02 sample were 93.6% and 87.5% after 48 hours;

  • The combined gravity concentration + leach test results showed final gold recoveries of 96.0% (SMMET-01) and 96.7% (SMMET-02), after 48 hours of leaching. Silver recoveries were 85.1% (SMMET-01) and 91.3% (SMMET-02);

  • Initial scoping tests indicates that the Semna Main Vein zone mineralisation is amenable to treatment by both conventional CIL, and gravity concentration-leach processing options.

"These initial scoping level metallurgical testwork results from Semna are exceedingly encouraging. The very high recoveries of both gold and silver indicate that the mineralisation that we have drilled to date in the Main Vein zone at Semna is readily amenable to treatment using both conventional CIL and gravity-leach process routes" said Tonno Vahk, Interim CEO. "This is very positive for us to be able to report these excellent metallurgical testwork results at such an early stage, and the new Semna discovery continues to look highly promising. Preparations for the phase 2 diamond drilling programme at Semna continue to advance rapidly, and we remain on track to start drilling later this month. We envisage the next phase of metallurgical testwork will be undertaken once we have drill core available for testing. We are also very close now to finalising the mining licence at Abu Marawat with the Egyptian Mineral Resources Authority and the Ministry of Petroleum and Mineral Resources, and we look forwards to being able to provide further updates on this very soon."