Lumina Receives Excellent Metallurgical Results for Regalito.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Lumina Copper Corp. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :LCC (Leadless Chip Carrier, Leaded Chip Carrier) See leadless chip carrier, CLCC and PLCC. 1. LCC - Language for Conversational Computing. Written at CMU in the 1960's. )(AMEX AMEX See: American Stock Exchange :LCC) is pleased to announce that it has received a report from SGS SGS Société Générale de Surveillance SGS Symantec Gateway Security (appliance) SGS School of Graduate Studies SGS Subgrid Scale SGS Singapore Government Securities SGS Shell Global Solutions Lakefield (Chile) detailing the metallurgical met·al·lur·gy n. 1. The science that deals with procedures used in extracting metals from their ores, purifying and alloying metals, and creating useful objects from metals. 2. recovery and acid consumption results for the bottle roll test program completed on mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. material from its Regalito copper property, Chile. The results confirm the leachability estimates from the drill assay results and provide initial insights into operating metallurgical recoveries and acid consumption rates. The copper recoveries on test material, grading above the economic cutoff grade of 0.25% CuT, averaged 89% and 75% of total copper ("CuT") for oxides and supergene su·per·gene n. A group of closely linked genes occupying a large chromosomal segment and frequently functioning as a genetic unit. sulphides respectively. For the sulphides, net acid consumption rates averaged 12.4 kg/tonne ore. The oxide material, however, generated 0.55 kg/tonne of acid, due to the predominance pre·dom·i·nance also pre·dom·i·nan·cy n. The state or quality of being predominant; preponderance. Noun 1. predominance - the state of being predominant over others predomination, prepotency of chalcanthite, a water-soluble copper sulphate copper sulphate Noun a blue crystalline copper salt used in electroplating and in plant sprays Noun 1. copper sulphate - a copper salt made by the action of sulfuric acid on copper oxide mineral that dissolves quickly and adds acid to leaching systems. Anthony Floyd Anthony Floyd (born February 1, 1981 in Youngstown, Ohio) was an NFL Europe safety for the Barcelona Dragons. He later spent the 2006 NFL Europe season with the Berlin Thunder, where he earned All-NFL Europe honors after grabbing four interceptions, tied for second in the league. , President said, "These preliminary metallurgical results from Regalito are outstanding and fully confirm our view that Regalito will become a major copper leach operation. We will continue leach tests throughout 2005 in order to provide data to all of the mining companies reviewing the property and for a prefeasibility study later in the year." The bottle roll test program evaluated several different areas, depths, host rock types, and styles of mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. and alteration in the deposit. The mineralized material tested was obtained from splits of selected 2-meter assay samples from the early stages of the reverse circulation drilling program carried out in 2004. A total of 82 samples were tested, of which 29 oxide and 47 supergene sulphide samples graded above the 0.25% CuT heap leach cutoff. Low-grade samples (less than 0.25% CuT) gave recoveries of interest (59% of CuT) for the dump leach design. The oxide and sulphide test programs operated for 3 and 35 days respectively. The test work showed no deleterious deleterious adj. harmful. elements in solution that would hinder bacterial leaching or the proposed solvent extraction/electrowinning metallurgical process. A detailed breakdown of the tests is provided in the following tables:
Summary of Results from Oxide Test Program (material greater
than 0.25%CuT)
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Recovery Acid Consumption
Lithology # of samples (% CuT) (kg/tonne ore)
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Monzogranite 14 89.9 -4.8(1)
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Dacite Porphyry 15 87.8 3.4
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Recovery
Grade # of samples (% CuT)
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greater than 1% CuT 4 90.7
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plus 0.75% - 1% 6 94.7
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plus 0.5% - 0.75% 8 86.3
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plus 0.25% - 0.5% 11 86.8
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(1) Negative acid consumption refers to acid generation.
Summary of Results from Sulphide Test Program (material greater
than 0.25% CuT)
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Recovery Acid Consumption
Lithology # of samples (% CuT) (kg/tonne ore)
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Monzogranite 7 79.1 13.3
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Dacite Porphyry 40 74.5 12.2
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Recovery Leachability
Grade # of samples (% CuT) (CuT%)
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greater than 1% CuT 11 73.5 85.0
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plus 0.75% - 1% 4 73.7 95.1
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plus 0.5% - 0.75% 14 76.8 93.4
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plus 0.25% - 0.5% 19 72.7(2) 87.0
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(2) Two of the nineteen samples had substantially lower recoveries
(27% and 46%) than the recovery ranges observed for the other
samples. This may be a result of higher quantities of primary
mineralization (chalcopyrite) in those samples adversely
affecting their leachability. Excluding these two samples from
the data set increased the average recovery to 76.9% CuT.
The supergene sulphide test work was inadvertently biased towards samples from the dacite da·cite n. A light gray volcanic rock containing a mixture of plagioclase and other crystalline minerals in glassy silica, similar in appearance to rhyolite. [After Dacia. porphyry Porphyry, Greek scholar Porphyry (pôr`fĭrē), c.232–c.304, Greek scholar and Neoplatonic philosopher. He studied rhetoric under Cassius Longinus and philosophy under Plotinus. rock type and therefore the average recovery for the sulphide tests may understate un·der·state v. un·der·stat·ed, un·der·stat·ing, un·der·states v.tr. 1. To state with less completeness or truth than seems warranted by the facts. 2. actual recoveries as the distribution of monzogranite and dacite porphyry rock types at Regalito is estimated to be 60% monzogranite and 40% dacite porphyry. Furthermore, acid consumption rates generated from bottle roll testing on fine material are typically two to three times higher than the acid consumption rates that will occur during heap leach operations. The bottle roll results compare very favourably with metallurgical recovery rates achieved at comparable copper oxide Noun 1. copper oxide - an oxide of copper oxide - any compound of oxygen with another element or a radical and sulphide leaching operations. The following table provides a list of certain leaching operations and the actual recoveries that have been achieved during the recent past.
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Recovery
Property Owner (% CuT)(3)
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Regalito
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Oxide 89
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Sulphide 75
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El Abra Phelps Dodge 62
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Cerro Verde Phelps Dodge 71
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Miami Phelps Dodge 65
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Morenci Phelps Dodge 59
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Tyrone Phelps Dodge 65
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El Tesoro Antofagasta 78
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Zaldivar Placer Dome 81
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Quebrada Blanca Aur Resources 61
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Andacolla Aur Resources 80
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Cerro Colorado BHPBilliton 79
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(3) Data derived from information available in the public domain.
Note: some of the comparable recoveries may include recoveries
from dump leach operations, which could lower the recovery
estimate for the operation.
Lumina continues to make excellent progress with the remainder of the metallurgical testing program. The short column (1m height) program is nearing completion, while the tall column (6-8m height) program, which began leaching on April 29, will continue operating for another nine months. Mr. John Selters, P.Eng., a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the content of this news release. LUMINA COPPER CORP. Anthony Floyd, President CAUTION REGARDING FORWARD LOOKING STATEMENTS: Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Except for the statements of historical fact contained herein, the information presented constitutes "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of the Private Securities Act of 1995. Such forward-looking statements, including but not limited to those with respect to the price of copper, gold and molybdenum molybdenum (məlĭb`dənəm) [Gr.,=leadlike], metallic chemical element; symbol Mo; at. no. 42; at. wt. 95.94; m.p. about 2,617°C;; b.p. about 4,612°C;; sp. gr. 10.22 at 20°C;; valence +2, +3, +4, +5, or +6. , the timing and amount of future production, metallurgical recoveries, costs of production, reserve and resource determination and reserve conversion rates, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the integration of acquisitions, risk relating to international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. , risks relating to joint-venture operations, the actual results of current exploration activities, conclusions of economic evaluations, changes in project and exploration parameters as plans continue to be refined, future prices of copper, gold and molybdenum, as well as those factors discussed in the section entitled "Risk Factors" in the Form 20-F as on file with the Securities and Exchange Commission in Washington, D.C. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Lumina Copper Corp. (TSX:LCC) (AMEX:LCC) |
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