SolGold - Re: SOLG Stream Log - Here's why SolGold appears to...

Here's why SolGold appears to be tanking: Ecuador Gold Announces Encouraging Metallurgical Testwork Results Posted: Dec 08, 2014 96 AM EST Updated: Dec 08, 2014 10:36 AM EST This article was originally distributed via SproutNews. SproutNews, WorldNow and this Site make no warranties or representations in connection therewith. Toronto, ON / ACCESSWIRE / December 8, 2014 / Ecuador Gold & Copper Corp. (TSXV: EGX), (the “Company”or “EGX”) announces that the Company’s Consulting Engineers, GBM Minerals Engineering Consultants Limited (“GBM”) who are currently undertaking, through Resource Development Inc, (“RDI”) of Denver Colorado, the additional metallurgical test work that was announced in the May 29, 2014 News Release, as part of the 43-101 Preliminary Economic Assessment Technical Report (“PEA”) on the Company’s flagship Santa Barbara Project, have released encouraging results from this test work and have advised the Company that the PEA will be completed by the end of January 2015. In addition, the Company has acquired key surface landholdings that cover a substantial part of the surface footprint of the Santa Barbara Project. Metallurgical Test Work Update RDI reported that the following conclusions can be drawn from the additional metallurgical test work which incorporates alternative flotation reagents and fine grinding: - Copper and gold recoveries achievable by rougher flotation are ± 80% and ± 65%, respectively. - Due to the very small particle size of some of the chalcopyrite, as seen in the mineralogy study, the recovery of copper is unlikely to increase without grinding the ore to extremely fine size (i.e. ± 10 mm).