WINNIPEG, MB / ACCESSWIRE / June 29, 2021 / Winston Gold Corp. ("Winston Gold" or the "Corporation") (CSE:WGC) (OTCQB:WGMCF) is pleased to announce that the Paradine Mill Facility, near Radersburg Montana., was tested over a one week shift ending on June 21st.
About 338 tons were processed over the six-day shift and a notable improvement in float circuit recovery was recorded. Gold recoveries in this circuit were in the 80% range after tweaking the chemical reagent mix and increasing the mill feed size from minus ½ inch to ¾ inch mesh. This was supported by Winston Mine's Lead Assayer who observed that the tailings samples look exceptionally clean with little visible mineral content.
"We achieved our goal of transforming the Paradine mill into reliable and efficient operation on June 16, 2021, well ahead of the June 21 deadline," commented Mr. Murray Nye, CEO and Director of Winston Gold Mines."Work is now focused on procuring and installing the last key upgrades in time for the next shift rotation."
During the last test run of the Mill, a few additional improvements were identified. Specifically, the electrical starter boxes for the Sub A Cleaner Cells will be replaced as well as a new 3-ply mine belt for the hopper feeder belt. In addition, the tail pulley and associated bearing will also be replaced before the mill will be restarted.
- Despite a few hiccups, the mill is performing exceptionally well. The following points summarize the achievements to date:
- Re-configured float circuit showed improved recoveries in the 80% range
- Tailings line extended to the north side of Pond #1
- Re-manufactured Pinion bearing performed flawlessly
- Pressure switch for Knelson concentrator installed
- Ball mill ran smoothly at 50% charge with minus ¾ inch feed
- Two new employees were hired and are being trained to MSHA (Mine Safety & Health Administration) standards and task trained
The Paradine mill facility is being developed into a turn-key mineral processing plant," stated Mr. Joseph Carrabba, Executive Chairman of Winston Gold. "The mill lies in the heart of a region blessed with precious metal endowment, and the future value opportunities are significant."
Towards that end, Winston Gold recently formed a joint venture with Bond Resources (CSE:BJB) to test the near-term cash-flow viability of another past producer, the Hard Cash Mine. (Refer to news release dated May 13th 2021). The Hard Cash property is located just 4.3 miles from the Paradine Mill and an initial drilling, trenching and bulk samplingprogram should commence shortly.
About the Paradine Mill Facility
The Paradine mill located just 35 miles (56 km) by paved road from the Company's wholly owned Winston Gold project which is situated near Helena, Montana. The Mill has a nameplate capacity of 150 tons per day and hosts a ball milling circuit as well as both a gravity and flotation circuit. A new lined settling pond has been constructed for tailings disposal with a 35,000-ton capacity and two additional ponds are also being built.
The scientific and technical content and interpretations contained in this news release have been reviewed, verified and approved by Dr. Criss Capps PhD. P.Geol., an independent consultant to Winston Gold Corp. Dr. Capps is a Qualified Person as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects.
About Winston Gold
Winston Gold is a junior mining company focused on advancing high-grade, low-cost mining opportunities into production. Towards that end, the Corporation has acquired the under-explored and under-exploited Winston Gold project near Helena, Montana.
The CSE has neither approved nor disapproved the information contained herein. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that Winston Gold Mining Corp. (the "Company") expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
For more information, please visit www.winstongoldmining.com; or contact:
Chief Executive Officer and a Director of Winston Gold
Suite 201-919 Notre Dame Avenue
Winnipeg, Manitoba, R3E 0M8
Telephone: (204) 989-2434
E-mail: [email protected]
SOURCE: Winston Gold Corp.