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Riversgold Limited (ASX: RGL) has announced further encouraging metallurgical results from its Northern Zone Intrusive Hosted Gold Project, located 25 km east of Kalgoorlie, WA. Cyanide bottle roll test work on two new oxide samples returned gold recoveries of 93.67% and 90.64%, averaging 92.16%. Combined with three previously tested samples averaging 92.9% in 2023, the overall gold recovery from five samples now stands at 92.56% — an excellent result for potential toll treatment operations.
All RC and air-core drilling results from the recent programs have now been received, providing a clearer picture of the potential to link mineralized zones across the deposit. With structural modeling by Xirlatem underway, Riversgold is well-positioned to advance toward a maiden Mineral Resource Estimate (MRE). The Mining Lease application is progressing, and a site visit is planned this month to review geological models and define the next steps for development.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.