Resoure Estimation And Control By Cyanide Assay Techniques

Methods used for assay of gold values in resource estimation, grade control or downstream processing are based almost entire­ly on Fire assay or Aqua Regia techniques. Both these tech­niques frequently produce spurious results. The mechanism of error is explained. Major decisions are made based on this often flawed data. This is what our operating budgets and projected cash flows are based on. Project economics demands metallur­gical accountability for performance predicted. Accountants and more astute members of the board are often not sympathetic to gold out-tum from plant production which is occasionally or consistently less than that predicted. Equally importantly, better than budgeted gold out-tum, resulting from under assaying will produce reconciliation or accounting problems (surplus cash flow) often denying correct timing of expansion or acquisition. Both these scenarios can be avoided if 'real world' extractable gold values are presented to financial managers at all stages. Such extractable gold results are now possible, and compared to fire assay and aqua regia, the assays are faster, cheaper, simpler and more accurate.