Metallurgical studies of micro bulk samples from the Storø Gold Deposit
conducted by the highly reputable Canadian company, SGS Lakefield Research
Limited reveals good recovery.
The metallurgical study shows that between 48% and 79% of the gold can be
extracted by gravity alone and that between 85% and 95% of the gold can be
extracted by a combination of physical and chemical processes. Additional
testwork would optimise the recovery.
NunaMinerals and its partner, Nuukfjord Gold Mines Ltd, expects to conduct
diamond drilling during 2010 with the aim of producing an initial resource
estimate for the Main Zone and the BD Zone at the Qingaaq prospect. The
resource estimate could lead to the preparation of a preliminary economic
assessment and to the completion of a bulk sampling program in 2011.
Announcement is given in attached file.
