Tenajon's Moly Brook Metallurgy Test Results Confirm High Recovery Rates
March 16 2009 - 8:35AM
Marketwired Canada
Tenajon Resources Corp. ("Tenajon" or the "Company") (TSX VENTURE:TJS) is
pleased to provide the results of a metallurgical study completed on its Moly
Brook Molybdenum Property, located near Grey River, Newfoundland. The purpose of
the study, carried out by an independent consulting metallurgical firm, was to:
- Conduct a series of batch rougher and cleaner flotation tests to establish
baseline flotation conditions and estimates of metallurgical recoveries; and
- Determine the essential characteristics of the ore composites including the
chemical composition and the ore hardness.
The metallurgical study was completed on high and low grade composites of
mineralization using core collected from the 2008 drill program conducted at the
Moly Brook Zone. The composites respectively weighed 148.1 and 280.2 kilograms.
Each composite was stage crushed and screened to pass 6 mesh and split into
representative 2 kg charges. Sub-samples were removed from each composite and
assayed. The average grades of the composites are summarized below.
------------------------------
Composite Mo (%) Cu (%)
------------------------------
High Grade 0.094 0.045
------------------------------
Low Grade 0.063 0.019
------------------------------
A series of rougher tests conducted on both composites indicated that over 90%
of the molybdenum can be recovered into a rougher concentrate. Similar results
were achieved when grinding the flotation feed to K80 148 and 225 microns.
The cleaner tests for the high grade composite produced a concentrate averaging
53% molybdenum containing 85% of the molybdenum in the feed. The test work on
the low grade composite produced results that were slightly lower compared to
the high grade composite. On average about 82% of the molybdenum in the feed was
recovered into a flotation concentrate assaying 52% molybdenum. The rougher
concentrates were ground to a nominal K80 18 microns prior to two stages of
cleaning.
A Bond Work Index test was carried out on the high grade composite and it was
found to have a work index of 16 kWh/tonne.
The metallurgical program was carried out by G&T Metallurgical Services of
Kamloops, BC under the supervision of Peter Taggart, P.Eng. of Peter Taggart and
Associates Ltd., a qualified person as defined by NI 43-101. Mr. Taggart has
reviewed this news release and agreed to its contents.
The Moly Brook Property is located on the south coast of Newfoundland, 2.5 km
from the hamlet of Grey River, less than 4 km from a deep water, ice free,
navigable fjord. The community is serviced daily by provincial ferries.
The Moly Brook Zone, currently the focus of exploration, is located at the north
end of a 2.5 km long trend of sheeted quartz veining, stockwork and fracturing
in which molybdenum +/- copper +/- silver occurs. Three zones, Moly Brook, Wolf
and Chimney Ponds have been outlined in the trend to date. Drilling has traced
the Moly Brook Zone along strike for 750 metres depths to over 350 metres below
surface. The zone is open to the north and south. Width is variable to 500
metres.
The work at Moly Brook is completed under the supervision of Dave Visagie, P.
Geo., a Qualified Person as defined by NI 43-101.
On Behalf of the Board of Directors
TENAJON RESOURCES CORP.
D. Bruce McLeod, President
This news release may contain forward looking statements which are not
historical facts, such as ore reserve estimates, anticipated production or
results, sales, revenues, costs, or discussions of goals and exploration
results, and involves a number of risks and uncertainties that could cause
actual results to differ materially from those projected. These risks and
uncertainties include, but are not limited to, metal price volatility,
volatility of metals production, project development, ore reserve estimates,
future anticipated reserves and cost engineering estimate risks, geological
factors and exploration results. See Tenajon's filings for a more detailed
discussion of factors that may impact expected results.
Cautionary Statement Regarding Forward-Looking Information
All statements, trend analysis and other information contained in this press
release relative to markets about anticipated future events or results
constitute forward-looking statements. Forward-looking statements are often, but
not always, identified by the use of words such as "seek", "anticipate",
"believe", "plan", "estimate", "expect" and "intend" and statements that an
event or result "may", "will", "should", "could" or "might" occur or be achieved
and other similar expressions. Forward-looking statements are subject to
business and economic risks and uncertainties and other factors that could cause
actual results of operations to differ materially from those contained in the
forward-looking statements. Forward-looking statements are based on estimates
and opinions of management at the date the statements are made. The Company does
not undertake any obligation to update forward-looking statements even if
circumstances or management's estimates or opinions should change. Investors
should not place undue reliance on forward-looking statements.
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