Metallurgical Testwork Confirms High Gold Recovery

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Stock Caprice Resources Ltd (CRS.ASX)
Release Time 16 Jun 2026, 9:13 a.m.
Price Sensitive Yes
 Caprice Resources: High Gold Recovery Confirmed
Key Points
  • Strong gold recoveries of up to 94% achieved
  • High free gold component supports low-cost processing
  • Rapid leach kinetics and moderate reagent consumption
  • No preg-robbing observed
  • Results confirm suitability for conventional processing
Full Summary

Caprice Resources Ltd (ASX: CRS) has reported positive results from initial metallurgical testwork on the Vadrians deposit at its Island Gold Project in Western Australia. The testwork confirmed high gold recoveries of up to 94% through conventional gravity and carbon-in-leach (CIL) processing. The composite sample achieved excellent overall gold recoveries at a normal grind size, with rapid leach kinetics and moderate reagent consumption. The results also indicated a high free gold component, suggesting a potential for a simple, low-cost processing route. Follow-up testwork will include comminution and variability tests across additional composite samples.

Outlook

The company expects to deliver a maiden Mineral Resource and development studies at the Island Gold Project as the 50,000-metre drilling campaign continues.