Mineral Processing Circuit of Troilus Mine

The technical report does not provide detailed information on processing and recovery methods, as Section 17 (Recovery Methods) explicitly states: “This section is not relevant to this report.”

However, the report does contain relevant geological and mineral resource details that may indirectly inform potential processing approaches:

Key Observations on Potential Processing & Recovery:

1. Mineralization Characteristics:

– The Troilus deposit is a gold-copper system with minor silver, zinc, lead, and traces of bismuth, tellurium, and molybdenum.

– Two mineralization styles are noted: disseminated and vein-hosted, with gold spatially correlated with sulphides (though sulphide content does not directly correlate with grade).

– Host rocks include diorite breccia, diorite, and felsic dikes.

2. Historical Context:

– The Z87 and J4/J5 Zones were previously mined via open pit (1996–2010), suggesting conventional crushing, grinding, and flotation/cyanidation may have been used.

– No specific historical recovery rates or metallurgical data are provided in this report.

3. Metallurgical Work Planned:

– The report mentions that metallurgical testwork was underway in summer 2020 to support a pre-feasibility study, but results are not included.

– Recommendations include re-analyzing 2018 drill samples for silver and bulk density, indicating these elements may influence future processing plans.

4. Resource Estimates (Indicative of Feed Material):

– Open-pit resources:

– Indicated: 164.2 Mt @ 0.68 g/t Au, 0.08% Cu, 1.20 g/t Ag.

– Inferred: 101.2 Mt @ 0.60 g/t Au, 0.07% Cu, 1.12 g/t Ag.

– Underground resources (higher grade):

– Indicated: 13.1 Mt @ 1.61 g/t Au, 0.13% Cu.

– Inferred: 15.5 Mt @ 1.62 g/t Au, 0.11% Cu.

5. Potential Processing Challenges & Considerations:

– Gold association with sulphides suggests flotation or oxidative pre-treatment (e.g., pressure oxidation, bioleaching) may be required if gold is refractory.

– Copper content could necessitate a Cu-Au separation circuit (e.g., selective flotation).

– Low silver grades may not justify dedicated recovery but could be a byproduct.

6. Innovations & Future Work:

– The report emphasizes the need for further drilling and metallurgical studies to define optimal recovery methods.

– No specific equipment or flow sheets are discussed, but the presence of copper and variable gold grades implies a need for tailored processing.

Conclusion:

While the report confirms the project’s mineral resource potential, it defers detailed processing and recovery discussions to future studies (e.g., PEA/pre-feasibility). Historical mining suggests conventional methods were previously applied, but updated metallurgical data will be critical for designing the modern circuit.

Let me know if you’d like further elaboration on any aspect.

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