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Savannah Goldfields Limited (ASX:SVG)

ALERT: Price-sensitive ASX Announcement for SVG
Current share price for SVG : $0.011 0 (0%)+
Announcement
Release
17 Jun 2026 8:44AM
Price at Release
$0.011
Full Release
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Summary
The document outlines metallurgical testing results for Savannah Goldfields Limited's Electric Light and Red Dam deposits. The tests revealed substantial gold recovery through gravity and carbon-in-leach (CIL) methods, with Electric Light achieving a total gold recovery of 71.6% and Red Dam 70.7%. Refractory gold, associated mainly with arsenopyrite and carbonaceous materials, was identified in both deposits. The company is considering switching to a flotation process to potentially increase recovery rates, with historical data suggesting high effectiveness for both deposits. Further metallurgical testing is planned to optimize the process.
Key Points
  • Electric Light achieved a total gold recovery of 71.6%.
  • Red Dam achieved a total gold recovery of 70.7%.
  • Refractory gold is primarily linked to arsenopyrite and carbonaceous materials.
  • A flotation process is under consideration to improve recovery rates.
  • Further metallurgical testing is planned for optimization.
  • Georgetown Gold Processing Plant's current configuration supports over 70% recovery.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.