Tests at Central China Goldfields’ Dong Mao Huo project suggest recovery by low-cost ‘heap leaching’ will be possible.

According to London-based Central China, column tests of the oxide ore at Ding Mao Huo in China’s Nei Menggu ‘autonomous region’ have yielded 90 per cent gold recovery in16 days. The sulphide ore achieved 97 to 99 per cent gold and silver recovery and 95 to 97 per cent copper recovery by flotation, while leaching the sulphide ore achieved 79.7 to 81.4 per cent gold recovery.

Managing director Jeff Malaihollo argues ‘these initial metallurgical tests indicate relatively simple metallurgy, with the oxide ore amenable to low-cost heap leach processing. Floated at1p in 2005, Central China shares hit 19.12p the following year, but have fallen back heavily since then.

Now 2.75p, up 0.12p this morning, they value the company at £4 million and are speculative.  

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Central China Goldfields	AIM	£2.55m	1.75p	0.00p
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Other company articles:
Cost hope at Central China			14/10/2008
Drill progress at Central China			19/06/2008
In the Hot Seat			03/03/2008
Robert Tyerman’s Exploration Insights			07/02/2006
Central China on bid path			13/01/2006