VANCOUVER, BRITISH COLUMBIA–(Marketwired – Dec. 5, 2016) – Marlin Gold Mining Ltd. (TSX VENTURE:MLN) (“Marlin” or the “Company”) is pleased to provide an operating update from its wholly owned La Trinidad mine in Sinaloa, Mexico (“La Trinidad”).
Since September 15th, when Marlin began consistently mining the high grade HS Zone, the Company has stacked 41,029 ounces of gold with 21,567 coming in November alone. The tonnes stacked in November had an average grade of approximately 5.26 grams per tonne. In addition, Marlin has built up an over 75,000-tonne stockpile of mineralized material at similar grades waiting to be crushed and stacked onto the leach pad.
The recoveries of gold from the leach pad have increased by approximately 33% since the end of last month, from 210 ounces per day to 279 ounces per day. Importantly, our current leach curves are confirming the SRK Consulting estimates of 75% with no apparent leach inefficiencies (please see the news release on November 2, 2016 for important technical disclosures about projected leach pad recoveries).