en.Wedoany.com Reported - Savannah Goldfields (ASX: SVG) has completed metallurgical testing of sulfide materials from its Electric Light and Red Dam deposits in late 2025, achieving gold recovery rates exceeding 70%.
Both the Electric Light and Red Dam deposits are part of the company's Georgetown Gold Project, located approximately 30 kilometers and 60 kilometers north of Savannah's Georgetown Gold Processing Plant (GGPP), respectively.
Test results show a total gold recovery rate of 71.6% for the Electric Light deposit, with a gravity recovery rate of 38.2% and an additional 33.4% from cyanidation of gravity tailings. The Red Dam deposit achieved a total recovery rate of 70.7%, comprising a gravity recovery rate of 32.1% and a cyanidation recovery rate of 38.6% from gravity tailings.
The metallurgical sample grades were 3.0 grams of gold per tonne for the Electric Light deposit and 17.2 grams of gold per tonne for the Red Dam deposit.
Savannah CEO Brad Sampson stated that these results provide important information for assessing the potential to economically process sulfide ores from Electric Light and Red Dam through the existing Georgetown Gold Processing Plant.
The company noted that historical flotation tests indicate significant room for improvement in gold recovery rates, with previous work achieving 94.9% for the Red Dam deposit and 97.4% for the Electric Light deposit. According to Savannah, this improvement could be realized by installing a flotation plant at GGPP.
Consequently, the company plans to conduct additional flotation tests in 2026 to verify historical results and supplement data.
Savannah Goldfields is a mining and resources company focused on gold exploration in North Queensland, with its production operations centered around the GGPP asset infrastructure.
This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com
