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Olympus Pacific Minerals Inc.

Publié le 11 septembre 2012

Happy with 90% =2D 98% Gold recovery rates at Jugan Hill

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One of the key questions we�re asking ourselves as part of the Bau feasibility study is, �What�s the best way to recover the gold? 



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There's gold in that hill


One of the key questions we�re asking ourselves as part of the Bau feasibility study is, �What�s the best way to recover the gold? How do we get maximum recovery for minimum cost? Which process do we use?"  In recent months, our metallurgists, along with independent third party labs, have been testing ore from Jugan Hill for both the Albion process and Pressure Oxidisation (POx), we�re very exited by the results. POx is showing results of a gold recovery rate of 98% from flotation concentrate and Albion a rate of 92% - that�s pretty encouraging - even at this early stage.  Bau is very similar to the Carlin Trend in Nevada and has a combination of both non-refractory & refractory ore so it's important we pay close attention to the process going forward.  If you want to know more about Carlin style deposits, there�s plenty of information on the USGS website, it makes for interesting reading. Remember, that region is one of the largest gold producing areas in history. The feasibility study is due for completion in 2013. 

What's Bau again?


Image of central Bau

Located in East Malaysia, Central Bau is a large and historic goldfield with an established gold resource of  3.2M oz* (JORC/NI 43-101).  We currently control 83% of the project which will increase to 93% over the next two years. There are multiple gold deposits across the property. Right now we're focused on the Jugan Hill deposit where we already have an existing resource.

* M&I 913,500 oz Au (1,750,800 tonnes @ 1.67 g/t Au) Inferred 2,108,100 oz Au (50,062,000 tonnes @1.31 g/t Au)

For the boffins


Grinding results

  • Ball mill and rod mill bond work indices are average
  • The abrasion index is very low - ore is a good candidate for SAG milling

Flotation results

  • The rougher flotation can potentially recover 95% of the gold

Pressure Oxidation results on flotation concentrate

  • Using pressure oxidation at a relatively low temperature of 180�C - gold recovery of 98%

Albion recoveries on flotation concentrate

  • Using Albion process - gold recovery of 92%

For even more detail by all means take a look at the related press release.

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Copyright � 2012 Olympus Pacific Minerals Inc, All rights reserved.
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Olympus Pacific Minerals Inc
500-10 King St. East
Toronto, ON M5C 1C3
Canada

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Olympus Pacific Minerals Inc.

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CODE : OYM.TO
ISIN : CA68162Q2027
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Olympus Pacific est une société de production minière d'or basée au Canada.

Olympus Pacific est productrice d'or, d'argent, de plomb, de tungsten et de zinc au Viet Nam, et détient divers projets d'exploration aux Philippines et en Malaisie.

Ses principaux projets en production sont BONG MIEU et PHUOC SON au Viet Nam et ses principaux projets en exploration sont TIEN THUAN, NA PAI et TIGER MOUNTAIN au Viet Nam, BAU MALAYSIA en Malaisie et CAPCAPO aux Philippines.

Olympus Pacific est cotée au Canada, aux Etats-Unis D'Amerique, en Australie et en Allemagne. Sa capitalisation boursière aujourd'hui est 72,0 millions CA$ (66,5 millions US$, 48,0 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 1,20 CA$, et son plus bas niveau récent le 24 octobre 2008 à 0,04 CA$.

Olympus Pacific possède 378 781 000 actions en circulation.

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Rapports annuels de Olympus Pacific Minerals Inc.
2008 Annual report
Annual Report 2007
Financements de Olympus Pacific Minerals Inc.
10/05/2011Closes The Remaining Private Placement Financing Of US$14.6 ...
23/03/2011Announces A Capital Raise
26/02/2007To Raise Up To $12 Million By Private Placement
Nominations de Olympus Pacific Minerals Inc.
20/06/2012Announces Chief Operating Officer's Resignation
17/01/2012Appoints Mr. Kevin Tomlinson as Director and Deputy Chair Re...
22/08/2011Restructures Management Team and Appoints New Chief Operatin...
20/08/2007Appoints Vice President Exploration and Vice President Finan...
Projets de Olympus Pacific Minerals Inc.
25/09/2012As we go deeper=2C the grade gets higher
05/03/2012Expands Global Gold Resource To 4.53 Million Ounces Bau Res...
30/09/2011(Capcapo)ANNOUNCES SIGNING OF FORMAL JOINT VENTURE AGREEMENT IN RESPE...
23/05/2011(Bau Malaysia)Drills 40 Meters at 4.69 Grams Gold/Tonne
16/03/2011(Phuoc Son)Receives Trucking Permit Extension
04/03/2011(Phuoc Son)Releases Video Update On Phuoc Son Gold Plant
24/02/2011(Phuoc Son)Prepares to Commission Its Second Gold Plant at Phuoc Son
22/02/2011(Phuoc Son)Signs Refining Agreement With Vietnamese Firm
01/04/2008(Phuoc Son) Receives Positive Independent Technical Report On Feasibili...
15/01/2008(Phuoc Son)Doubles Resource To 637,000 Oz At The High Grade Phuoc Son G...
06/11/2007Continues To Extend High-Grade Gold Intersections At Phuoc S...
09/10/2007(Bong Mieu)Announces Increased Gold Equivalent Resource Of 833,500 Oz. ...
18/09/2007(Phuoc Son)Drill Results Continue To Show High-Grade Gold Mineralizatio...
14/08/2007(Phuoc Son)Drill Results Yield Additional High-Grade Gold
26/07/2007(Phuoc Son)Further High-Grade Mineralization Within North Extension of ...
25/06/200750 Metre Stepout Intersects High-grade Gold & Copper at Capc...
23/05/2007(Phuoc Son)Recent results phuoc son
24/04/2007Drilling Intersects 94 Meters of Gold and Copper at Capcapo,...
Communiqués de Presse de Olympus Pacific Minerals Inc.
08/11/2012is simplifying its capital structure.
06/11/2012Proposes Amendments to Simplify Capital Structure
20/09/2012Hits Higher Gold Grade at Jugan Hill, Bau, East Malaysia
12/09/2012Milestone=3A Test Work Proves Metallurgical Viability At Jug...
11/09/2012Happy with 90% =2D 98% Gold recovery rates at Jugan Hill
05/09/2012FORMER FREEPORT=2DMcMORAN COPPER & GOLD VP EXCITED BY BAU GO...
04/09/2012I Accept: Former Freeport-McMoRan Copper & Gold VP Excited b...
01/08/2012s Second Quarter Gold Production and Changes Its Financial Y...
23/05/2012=E2?? BAU GOLD PROJECT CONTINUES TO DELIVER POSITIVE DRILL R...
22/05/2012' Bau Gold Project Continues to Deliver Positive Drill Resul...
05/04/2012Drills 52.7M @ 4.64G=2FT Au At Bau
03/04/2012Drills 52.7m @ 4.64 g/t Au at Bau
05/03/2012Expands Global Gold Resource to 4.53 Million Ounces
15/02/2012Enhances Board Independence
31/01/2012Confirms Mineralization Widths of Up to 78 Meters at Bau Cen...
24/01/2012Completes an Additional Tranche of the Bau Acquisition and E...
10/01/2012Exceeds Its 2011 Gold Production Target
22/12/2011Receives Certificate of Merit for Its Social Economic Contri...
05/12/2011Announces Progress at Bau Project and Draws Carlin Trend Ana...
29/11/2011EXPECTS TO ACHIEVE ITS 2011 PRODUCTION TARGET
28/11/2011Announces Normal Course Issuer Bid
26/10/2011Featured In Australia=E2??s Paydirt - Gold Mining Journal
11/10/2011Malaysia Bau Central Trench Results Confirm Outcrop Grades a...
08/09/2011Commences Malaysian Goldfield Feasibility
10/08/2011PUBLISHES FIRST EDITION COMPANY NEWSLETTER
24/06/2011(Phuoc Son)Successfully Pours First Gold Dore at Phuoc Son
06/06/2011' CEO to Present at Euro Pacific Global Investment Conferenc...
05/05/2011Announces Closing of Private Placement of CAD$15 Million of ...
28/01/2011to Finalize In-Country Value Added Refining of Dor=C3=A9
26/03/2008Announces Management Reorganization
07/03/2008to Commence Trading in the US on OTCBB
04/02/2008Management Has Reorganized To Ensure Technical Success Over ...
03/01/2008Information Now Available Through S&P Market Access Program
03/01/20082008 Vancouver Resource Investment Conference
18/12/2007Special Meeting Adjourned
05/11/2007 Event Announcement - San Francisco Hard Assets Investment C...
02/10/2007Announces Strategic Exploration Plans
21/09/2007Completes Due Diligence At Capcapo, N. Philippines
13/09/2007The Denver Resource Expo
07/09/2007Announces Exercise Of Over-Allotment Option Gross Proceeds O...
27/08/2007Recent $25 Million Prospectus Offering Deposited In TD Bank....
10/08/2007 $25,000,000 Prospectus Offering Closes
08/08/2007$25,000,000 Prospectus Offering — Receipt Issued for A...
02/08/2007$25 Million Prospectus Offering Amended Terms
25/07/2007$25,000,000 Short Form Financing
11/07/2007Repays US$2 Million Debt Facility With Macquarie Bank
03/07/2007s' Announces Pricing of $25,000,000 Prospectus Offering
27/06/2007Board Approves Shareholder Rights Plan
04/05/2007Announces Board and Management Changes
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