Nyota Minerals Limited (NYO) – TULU KAPI METALLURGICAL TEST RESULTS

Nyota Minerals Limited (NYO) – TULU KAPI METALLURGICAL TEST RESULTS

TULU KAPI METALLURGICAL TEST RESULTS

HIGHLIGHTS

  • Test work results demonstrate highly encouraging average gold recoveries from Tulu Kapi ore samples
  • Recoveries in excess of 95% achieved
  • Results will support prefeasibility level capital and operating cost estimates for a gold recovery plant at Tulu Kapi
  • Results demonstrate the potential for high recoveries and low operating costs when Tulu Kapi commences production

Nyota Minerals Limited, which is focused on the exploration and development of gold and nickel projects in Africa, is pleased to announce highly encouraging results from the metallurgical test work program completed on samples from its Tulu Kapi gold project, Ethiopia, in January 2010.
Nyota Director, Dr Evan Kirby, selected samples totaling 277kg in weight for the metallurgical test work during a site visit to Tulu Kapi in December 2009.  The samples were taken from diamond drill core from the exploration drilling that formed the basis for the maiden JORC resource estimate of 690,000 ounces.  Samples were taken from both Lodes One and Two.  

Melissa Sturgess, Nyota CEO, commented “We couldn’t be more encouraged by these test results.  The sample of about 300kg is significant and the testwork was done to prefeasibility standards in a world class laboratory, giving us a high level of confidence that when Tulu Kapi commences production we will be able to build a low cost processing plant to extract the gold from the ore.”   

 

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