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HomeBusinessTroy Resources: Completes first trial mining at Karouni

Troy Resources: Completes first trial mining at Karouni

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Troy Resources: Completes first trial mining at Karouni

  • Gold producer Troy Resources (TRY) has completed the first trial mining at the Karouni Gold Project in Guyana
  • Trial mining is a process to determine final methods for future mining and is likely to take several months
  • In March, the company commenced its trial mining at the Ohio Creek Prospect
  • From the trial, the head grade from recovered gold was 2.13g/t, while gold recovery was around 95 per cent
  • Currently, a second trial of ore from Ohio mined using a different grade control method
  • Troy remains steady on the market this afternoon, selling shares for 8.7 cents each

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