Geodex Minerals Ltd

Published : August 04th, 2010

Confirms Successful Sorting Results From Metallurgical Program For Sisson Brook

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Canada | Germany | Molybdenum | Recovery | Tungsten |
=======================================================================
Re:   News - Wednesday, August 04, 2010
      Geodex Confirms Successful Sorting Results From Metallurgical
      Program For Sisson Brook
=======================================================================

Geodex Minerals Ltd. (TSX-V:GXM), (the "Company" or "Geodex") is pleased to announce that initial results have been received for the second stage metallurgical program on the tungsten-molybdenum Sisson Brook deposit in New Brunswick, Canada. This commercial scale testing confirms previous bench scale work indicating that a crushing and pre-concentrate sorting circuit ahead of the mill processing can significantly concentrate tungsten and molybdenum. This allows considerable operating cost savings as up to half the mined rock volume that is ore sorted can go directly to the waste dumps.

These results confirm the earlier bench scale results in 2009 that the Sisson Brook deposit is well suited to sorting the mineralized rock to achieve pre-concentration. The current tests used batches taken from a 400kg representative sample from drill core and were put through continuous run, commercial scale sorting equipment. Two crushed sizes were tested using different sorter settings designed to have varying quantities of the mined rock rejected. Metal recoveries ranged from 87.4% to 94.7% of the tungsten and 76.1% to 91.7% of the molybdenum for pre-concentrate product "mass pulls" (the amount of rock retained after the sorting and containing the recovered tungsten and molybdenum) that ranged from 40.8% to 69.5% of the ore sorter feed. The higher recoveries were associated with the higher percentage of mass pulls, as expected. The other critical measure is the upgrading ratio, which is the increase in grades of the pre-concentrate product over the initial feed achieved through the sorting process. The upgrading ratios resulting from these tests ranged from 1.4 to 2.4 times for the tungsten and 1.3 to 1.9 times for the molybdenum. Based on these results, it is expected that Sisson Brook may be well suited to a sorting process that has a mass pull of approximately 50%, that is about half of the material feeding the sorting process from the mine would be sorted as a first processing step, and a large percentage of the tungsten and molybdenum would be retained in this pre-concentrate product. This upgraded rock would then be processed through the mill using conventional recovery methods. The key benefit of this is that the mine would be able to significantly improve the grade of the material processed, thus improving the cost and processing efficiencies.

The main objective of the current metallurgical test program is to develop pre-concentration techniques to further improve the grades in the mill ahead of cost intensive processing steps such as grinding and flotation. Two separate testing processes are being used in the current program.  The sorting test process described above and for which the initial results have now been received uses ore sorting equipment which has been increasingly used with good success in various mines. The test work was conducted by Terra Vision-Ore Sorting Solutions in Quebec and CommodasUltrasort in Germany. The second testing process, currently underway, is using well established gravity separation procedures and equipment including centrifugal gravity concentration, heavy media and spirals.

Mark Fields, President and CEO, said "Geodex is further encouraged by these sorting results. These are initial results for a commercial size unit and it is expected that further improvements in the final grades and recoveries would be achieved by using what we have learned in these tests to refine the procedures for a mine operation."

It is expected that the final results of the full metallurgical program will be available in September.

Geodex has contracted with Bolu Consulting Engineering ("Bolu") to oversee this metallurgical work. Bolu is a well respected firm with extensive experience working on tungsten projects around the world and directed the previous successful metallurgical work on Sisson Brook conducted in 2008 and 2009.

David Martin, B.Sc., P.Geo., CGA, Geodex's Vice President, New Brunswick, is a qualified person under NI 43-101 and is responsible for the design and conduct of the programs carried out by the Company on the Sisson Brook project.

ON BEHALF OF THE BOARD OF DIRECTORS
GEODEX MINERALS LTD.
Mark Fields,
President & CEO

For further information, please contact Investor Relations:
Mr. Erick Bertsch
(604) 689-7771, Toll free 1-888-999-3500
Visit our website at www.geodexminerals.com

Forward Looking Statement
Certain information regarding the Company contained in this press release may constitute forward-looking statements within the meaning of applicable securities laws.  Forward-looking statements may include estimates, plans, opinions, forecasts, projections or other statements that are not statements of fact.  Although the Company believes that expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct.  The Company cautions that actual performance will be affected by a number of factors, many of which are beyond the Company's control, and that future events and results may vary substantially from what the Company currently foresees.




=======================================================================
Copyright (c) 2010 GEODEX MINERALS LTD. (GXM)  All rights reserved.
For more information visit our website at http://geodex.pubco.net/ or
send mailto:info@geodexminerals.com to unsubscribe please email info@geodexminerals.com
Message sent on Wed Aug 4, 2010 at 1:20:22 PM Pacific Time
=======================================================================
.
Data and Statistics for these countries : Canada | Germany | All
Gold and Silver Prices for these countries : Canada | Germany | All

Geodex Minerals Ltd

EXPLORATION STAGE
CODE : GXM.V
ISIN : CA3719372029
CUSIP : 371937103
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Geodex is a gold and copper exploration company based in Canada.

Geodex holds various exploration projects in Canada.

Its main exploration properties are HARRY BROOK, MOUNT PLEASANT, ARMSTRONG BROOK, TURNBULL MOUNTAIN, VICTORIA LAKE PROPERTY, SISSON BROOK, TAMARACK LAKE, CRANBERRY LAKE and NEREPIS-CUNNINGHAM BROOK in Canada.

Geodex is listed in Canada and in United States of America. Its market capitalisation is CA$ 347 478 as of today (US$ 270 748, € 232 654).

Its stock quote reached its highest recent level on January 18, 2008 at CA$ 99.00, and its lowest recent point on January 01, 2016 at CA$ 0.01.

Geodex has 2 779 827 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of Geodex Minerals Ltd
2008 annual report
Annual Report 2007
Financings of Geodex Minerals Ltd
10/8/2013Announces Unit Private Placement
6/12/2013Closes $200,000 Private Placement
5/30/2013ANNOUNCES FLOW THROUGH FINANCING
5/16/2013Announces Unit Private Placement
12/12/2012INCREASES PREVIOUSLY ANNOUNCED UNIT PRIVATE PLACEMENT
10/27/2011ANNOUNCES UNIT PRIVATE PLACEMENT
2/12/2008 Announces Private Placement Closing
Option Grants of Geodex Minerals Ltd
6/19/2013Terminates Investor Relations Contract
5/23/2009Announces Stock Options Granted
Nominations of Geodex Minerals Ltd
5/16/2008APPOINTS TWO NEW DIRECTORS TO ITS BOARD AND PROVIDES SISSON ...
Project news of Geodex Minerals Ltd
6/19/2012SHAREHOLDERS APPROVE SALE OF SISSON PROJECT INTEREST
6/15/2012SISSON TUNGSTEN=2DMOLYBDENUM PROJECT EARN=2DIN OBLIGATIONS C...
4/18/2012NORTHCLIFF RESOURCES SIGNS LETTER AGREEMENT WITH GEODEX MINE...
3/5/2012SISSON TUNGSTEN=2DMOLYBDENUM PROJECT FEASIBILITY STUDY ON TR...
2/23/2012ANNOUNCES DUNGARVON TUNGSTEN=2DMOLYBDENUM=2DTIN PROJECT 2012...
11/30/2011SUCCESSFUL 2011 DRILL PROGRAM ADVANCES SISSON PROJECT FEASIB...
10/6/2011DISCOVERS TUNGSTEN-MOLYBDENUM IN INITIAL DUNGARVON PROJECT D...
8/4/2011ANNOUNCES DUNGARVON ACQUISITION AND DRILL PROGRAM
7/5/2011SISSON WORK PROGRAM ADVANCING TO ACHIEVE PROJECT FEASIBILIT...
6/15/2011Commences 2011 Exploration on Cumberland & Jake Lee Projects...
4/26/2011Acquires Cumberland Project For Rare Earth Potential
3/29/2011ANNOUNCES SISSON FEASIBILITY STUDY PROGRESS, DRILL RESULTS
8/4/2010(Sisson Brook)Confirms Successful Sorting Results From Metallurgical Progr...
7/21/2009(Sisson Brook)Completes 4,900 Metre Drill Program
8/20/2008(Mount Pleasant)Starts Drill Program on Five Target Areas in the Mount Pleas...
6/5/2008(Sisson Brook)New Geodex Resource Model increases Sisson Brook Tungsten-Mo...
3/25/2008(Sisson Brook)reports further drill assays from the molybdenum-rich East F...
2/13/2008(Sisson Brook) reports drill results from the northern tungsten-copper zon...
1/10/2008(Sisson Brook)Reports further drill results from the ?East Flank Zone? at ...
12/7/2007(Sisson Brook)Increases its Interest in Sisson Brook - Announces Acquisiti...
11/16/2007(Sisson Brook) Releases Independent Preliminary Economic Assessment? on th...
9/5/2007(Sisson Brook)Reports Initial Assays from Zones I and II at the Sisson Bro...
7/19/2007Reports Discovery of a New, High-Grade Tungsten Skarn Discov...
5/30/2007announces an Agreement with Wardrop Engineering Inc. for a S...
5/24/2007(Mount Pleasant)announces 10.23 m of 3.45% Zinc and 128.64 g/t Indium at the...
4/9/2007(Mount Pleasant)Announces 31.7 metres of 62.81g/t Indium and 2.8% Zinc at Mo...
Corporate news of Geodex Minerals Ltd
9/21/2015Geodex Files Interim Financial Statements
9/4/2015Geodex Files Annual Financial Statements
8/27/2015Geodex Provides Default Status Update
11/20/2014Board Changes
11/20/2014Appointment of Specialty Metals Trader To Advisory Board
11/20/2014GXM Appointment of Specialty Metals Trader to Advisory Board
11/19/2014GXM Board Changes
11/6/2014Rubble Sample Assays From Historic Jacaranda Mine In Spain
11/6/2014Geodex Minerals Ltd.: Rubble Sample Assays From Historic Jac...
9/15/2014GXM Second Phase West Gore Rubble Samples Assay Up to 27.1% ...
9/9/2014Geodex CEO Gives Strategic Update
8/27/2014Geodex Minerals Ltd.: Acquisition of Past-Producing Open-Pit...
7/31/2014Geodex Minerals Ltd.: West Gore Vein Rubble Samples Assay Up...
7/7/2014Geodex Appoints New Member to Its Advisory Board
7/7/2014Geodex Appoints New Member to Its Advisory Board
6/25/2014Geodex Options Past-Producing West Gore Antimony-Gold Mine i...
6/25/2014Geodex Options Past-Producing West Gore Antimony-Gold Mine i...
6/9/2014Geodex Minerals Ltd.: Christopher Ecclestone Appointed Presi...
6/9/2014Geodex Minerals Ltd.: Christopher Ecclestone Appointed Presi...
4/2/2014Geodex Minerals Ltd.: Benjamin Copper Project Reports Promis...
4/2/2014Geodex Minerals Ltd.: Benjamin Copper Project Reports Promis...
9/17/2013Plans South Dungarvon Tin and Pabineau Molybdenum Programs
9/9/2013Plans Benjamin Copper-Molybdenum Project Program
8/13/2013.: Benjamin and Pabineau Properties Acquired in New Brunswic...
8/1/2013.: South Dungarvon Drill Program Intersects Tin Mineralizati...
7/11/2013Dungarvon Project Drilling Results
5/27/2013Drilling to Target Source of High Grade Tungsten Boulder Tra...
3/28/2013THE LIGHTER SIDE OF GEODEX MINERALS
2/6/2013TARGETTING SOURCE OF HIGH GRADE TUNGSTEN BOULDER TRAINS AT D...
1/28/2013ENGAGES VENTURE NORTH FOR INVESTOR RELATIONS
1/12/2013ANNOUNCES STOCK OPTIONS GRANTED
1/10/2013NEW BLOG FROM GEODEX MINERALS
9/19/2012=2D Effective Date of Share Consolidation
9/5/2012ANNOUNCES AGM RESULTS AND SHARE CONSOLIDATION
5/31/2012SETS RECORD AND DISTRIBUTION DATES FOR DISTRIBUTION OF NORTH...
5/24/2012TERMINATES INVESTOR RELATIONS CONTRACT
5/2/2012GXM RECEIVES CONDITIONAL TSX VENTURE EXCHANGE ACCEPTANCE OF ...
4/5/2012TUNGSTEN HIGHLIGHTED AS FAVOURITE COMMODITY ON BLOOMBERG INT...
2/28/2012NEW BRUNSWICK NO. 1 SPOT FOR MINING INVESTMENT AS PER FRASER...
1/26/2012ANNOUNCES STOCK OPTIONS GRANTED
12/21/2011TERMINATES INVESTOR RELATIONS CONTRACT
12/7/2011DISCOVERS RARE EARTH ELEMENT MINERALIZATION IN INITIAL CUMBE...
9/6/2011ANNOUNCES DUNGARVON DRILL PROGRAM
8/29/2011ENGAGES VENTURE NORTH FOR INVESTOR RELATIONS
8/23/2011ENGAGES BAY STREET CONNECT FOR INVESTOR RELATIONS
7/5/2011Sisson Work Program Advancing to Achieve Project Feasibility...
2/10/2011Announces 2011 Plans
12/24/2009Issues Shares to Teck
7/10/2009Dailly Gleamer article on Geodex Minerals Ltd
9/12/2008CORRECTS AND REMOVES TECHNICAL MATERIAL FROM ITS WEBSITE AT ...
8/8/2008Launches Up Graded 3-D Model of Sisson Brook Propety
6/26/2008Announces Base Metal, Tin and Indium assays from four prospe...
4/12/2008briefs Stanley, N.B., on tungsten, copper mine plan
2/5/2008 AdoptsShareholder' Rights Plan
2/5/2008Adopts Shareholders? Rights Plan
1/30/2008Corporate Interview
1/14/2008reports acquisition of three new claim blocks near the Sisso...
1/3/2008Closes Acquisition of Controlling Interest in Champlain Reso...
10/30/2007First Hole in new East Flank Zone at Sisson Brook returns 0....
10/17/2007Releases Updated Independent Inferred Resource Estimate on t...
10/16/2007The NAI Global Chinese Financial Forum& The Toronto Resource...
8/9/2007 reports acquisition of two new prospects near Sisson Brook,...
6/6/2007Announces Acquisition Of Four New Properties In Southwestern...
5/28/2007Strengthens it's Board of Directors
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (GXM.V)Other OTC (GXMLF)
0.125-21.88%0.010+0.00%
TSX-V
CA$ 0.125
10/30 14:03 -0.040
-21.88%
Prev close Open
0.160 0.150
Low High
0.125 0.150
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.125 -%
Volume 1 month var.
1,500 -%
24hGold TrendPower© : -23
Produces
Develops
Explores for Gold - Molybdenum - Tin - Tungsten
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 4/23/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.75+0.52%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.94+9.34%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.54-2.55%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.69+13.03%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.60+1.83%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.87+5.65%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.61+0.98%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :