Review by Metso Outotec Confirms 96.8% Overall Gold Recovery at Revel Ridge
Review by Metso Outotec Confirms 96.8%
Overall Gold Recovery at Revel Ridge
VANCOUVER, BC
,
Sept. 7, 2022
/CNW/ - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB:
RKMSF) (FSE: 1RR1) ("Rokmaster" or "the Company") is pleased to announce the receipt of
independent metallurgy reports on the recently completed flowsheet development test program on
samples from the Revel Ridge Project from Base Metallurgical Laboratories Ltd. ("BaseMet") and
SGS Canada Inc. ("SGS"), and a program review report from Metso Outotec Corp.
As emphasized in Figure 1 – Overall Optimized Flowsheet and the
BaseMet Metallurgical Testing Report
:
On average, 98.3 percent of the feed gold was recovered to the bulk rougher concentrate
and following regrind and sequential flotation, gold recovery to the lead and zinc
concentrates averaged 21.1 and 3.6 percent. Following leaching of the POX residue,
performed on the zinc final tail, an additional 72.2 percent gold was recovered for a total
average gold recovery of 96.8 percent.
Jan Van Niekerk
, Director, Gold Process Solutions at Metso Outotec stated, "Metso Outotec's
Technical Review of 2022 Revel Ridge POX Test Work
has indicated that the work has produced a
good set of technically competent results and that high sulphide oxidation and subsequent gold
dissolution extents were attained during the test work program. The tests were conducted to
appropriate standards, and integrity of results lends itself to be used in the design of an industrial
POX circuit. We have enjoyed working with Rokmaster and Canenco and look forward to
strengthening this relationship as they move forward on the path to production."
Further to the
Investigation into POX Testing for the Revel Ridge Project
by SGS, Chris A Fleming,
SGS Senior Consultant, Pressure Oxidation commented, "SGS has worked diligently on the
development phase of metallurgy with the Revel Ridge Project Team. The developed flowsheet is
ready for further refinement, and we look forward to working with Rokmaster as they advance the
pressure oxidation circuit to production."
John Mirko
, President and CEO of Rokmaster stated, "Rokmaster has defined the process
flowsheet that significantly improves recoveries of all target metals. Achieving this transformative
stage has taken an impressive amount of testing and commitment by the team, and we would like to
thank BaseMet, SGS, and Metso Outotec for their continued support through this development
process. We appreciate their commitment and now move forward to the next phases of
engineering."
Figure 1 - Overall Optimized Flowsheet - BaseMet 2022 (CNW Group/Rokmaster Resources Corp.)
*
Note: POX residue leach extraction value from SGS Report 18988-01, SGS POX test HC9A and HC9B and SGS leach test CN13.
Source: BaseMet 2022
The technical information in this news release has been prepared in accordance with Canadian
regulatory requirements has been reviewed and approved by Mr.
Stacy Freudigmann
, P.Eng.
F.AusIMM., who is a Qualified Person as set out in National Instrument 43-101 and independent of
Rokmaster.
The three reports referenced and linked in this news release are available at:
rokmaster.com/projects/revel-ridge/technical-reports/
On Behalf of the Board of Directors of
Rokmaster Resources Corp.
John Mirko
,
President & Chief Executive Officer.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term in defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
press release.
About Rokmaster
Rokmaster is currently conducting a surface drill program at the Revel Ridge Project located in
southeastern
British Columbia
35 km's north of the
City of Revelstoke
. Revel Ridge is host to a high-
grade gold and polymetallic orogenic sulphide deposit which has been the subject of a PEA
Technical Report dated
December 8, 2020
and a Technical Report of an Updated Mineral Resource
Estimate on the Revel Ridge property, dated
January 17, 2022
.
The current mineral resource estimate at Revel Ridge consists of:
Measured & Indicated (M&I): 1.36 million gold equivalent ("AuEq") ounces contained within 6.73
million tonnes with an average grade of 6.27 g/t AuEq.*
Inferred (Inf): 1.22 million AuEq ounces contained within 6.00 million tonnes at an average grade
of 6.33 g/t AuEq.*
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS: This news release may
contain forward-looking information within the meaning of applicable securities laws ("forward-
looking statements"). Forward-looking statements are statements that are not historical facts and
are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes,"
"intends," "estimates," 'projects," "potential" and similar expressions, or that events or conditions
"will," "would," "may," "could" or "should" occur. These forward-looking statements are subject to a
variety of risks and uncertainties which could cause actual events or results to differ materially from
those reflected in the forward-looking statements, including, without limitation: risks related to
fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned
work in a timely manner and on acceptable terms; changes in planned work resulting from weather,
logistical, technical or other factors; the possibility that results of work will not fulfill expectations and
realize the perceived potential of the Company's properties; risk of accidents, equipment
breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of
cost overruns or unanticipated expenses in the work program; the risk of environmental
contamination or damage resulting from Rokmaster's operations and other risks and uncertainties.
Any forward-looking statement speaks only as of the date it is made and, except as may be
required by applicable securities laws, the Company disclaims any intent or obligation to update any
forward-looking statement, whether as a result of new information, future events or results or
otherwise.
SOURCE
Rokmaster Resources Corp.
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For further information:
please contact Mr. John Mirko, President & CEO of Rokmaster
Resources Corp., [email protected], Ph. 1-604-290-4647 or by website: www.rokmaster.com;
For shareholder information please contact: Mike Kordysz, [email protected], Ph. +1 (604)
319-3171
CO: Rokmaster Resources Corp.
CNW 05:00e 07-SEP-22