Tuesday, August 16, 2011

Atacama Pacific Announces Positive Metallurgical Results from Cerro Maricunga Gold Project


Atacama Pacific Gold Corporation (TSX VENTURE: ATM) ("Atacama Pacific") is pleased to report that column percolation leach tests returned gold recoveries of up to 89% from samples from Atacama Pacific's Cerro Maricunga Gold Project, located 140 kilometres east of Copiapo, Chile and 20 kilometres south of Kinross Gold's La Coipa mine.


Extra Fine grinds: Espresso machines.Ed. by Charles Rene and Eugene Turcotte.Fine grinds: Drip Filtration, coffee makers with conical filters, Moka Pots.This release contains forward-looking statements, including predictions, projections and forecasts. Forward-looking statements include, but are not limited to, statements with respect to completion of economic assessments, exploration results, the success of exploration activities generally, mine development prospects, and future gold production Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "planning", "expects" or "does not expect", "continues", "scheduled", "estimates", "forecasts", "intends", "potential", "anticipates", "does not anticipate", or "belief", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.Nova Science PublishersThe height of each column was measured before and after leaching to calculate the percent slump of the sample material. The percent slump gives an indication of potential permeability problems in production heaps. All three column tests showed no slumping with a percent slump of 0%.Cheers,Gold recoveries from three column leach tests ranged from 79% to 89% with the higher gold recovery associated with higher gold grades (see Table 1). Column tests 1 and 2a were conducted utilizing material crushed to 80% passing 19 mm and column test 2b was conducted on material crushed to 80% passing 9.5 mm. Crush size had no significant impact on gold recoveries as shown from a comparison of results from Composite 2a (19 mm crush and 79% Au recovery) and Composite 2b (9.5 mm crush and 80% Au recovery).Three column percolation leach tests were conducted utilizing two composited samples of quartered HQ diamond drill core from Atacama Pacific's Cerro Maricunga Phase I drill program completed in April 2010. One column test was completed utilizing material from Composite 1 which graded 1.13 grams per tonne gold ("g/t Au") and was crushed to 80% passing 19 mm. A further two column tests were completed utilizing material from Composite 2 crushed to two different sizes to determine the impact of crush size on gold recoveries. Composite sample 2a graded 0.76 g/t Au and utilized material crushed to 80% passing 19 mm and composite sample 2b graded 0.79 g/t Au and utilized material crushed to 80% passing 9.5 mm.Burr grinders are recognised as the best choice. While blade grinders are okay, the do not give a consistent grinder. Hand grinders are also good to use. (Note: you get what you pay for, so spend wisely, not necessarily thriftily)."The high gold recoveries and excellent column permeability clearly demonstrates that the Cerro Maricunga gold mineralization is amenable to heap leach processing methods at a coarse crush size", said Carl B. Hansen, President and CEO of Atacama Pacific. "As part of our ongoing 19,100 metre Phase II drill program, we are continuing to collect material for further metallurgical testing with a particular focus on examining gold recoveries at coarser crush sizes and optimizing cyanide consumption."For further information visit Atacama Pacific's website at www.atacamapacific.com .Atacama Pacific's principal business is the acquisition, exploration and development of precious metals resource properties in Chile. Atacama Pacific's primary mineral property is the Cerro Maricunga oxide-associated, breccia-hosted gold project, located in Region III, 140 kilometres by road northeast of the city of Copiapo. Atacama Pacific's goal is to become a producer of gold through the exploration and development of the Cerro Maricunga Project. Atacama Pacific also owns four other mineral properties within close proximity to the Cerro Maricunga Project and a fifth property in Chile's Region I.The column tests, conducted by Kappes, Cassidy and Associates ('KCA"), Reno, Nevada, were run for 57 days with leach recoveries levelling out after only seven days indicating fast leach kinetics. Column tests were not optimized for sodium cyanide ("NaCN") consumption with 1.03 to 1.19 kg/t NaCN consumed. Projected NaCN consumption in production heaps is typically 25 to 33% of the NaCN consumption achieved from laboratory testing. All three column tests showed no slumping which is an indication of good potential permeability in production heaps.Course grinds: French Press (or Plunger), Percolator (if you still use one) and Vacuum Pots.HardcoverA medium grind in an espresso machine has given me a drip filtered style of coffee. This is not necessarily a bad thing, it shows that you can experiment a little. However, the listing above will provide you with some good guidelines.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the results of due diligence activities, the interpretation and actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of gold; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of exploration, as well as those factors disclosed in Atacama Pacific's publicly filed documents. Although Atacama Pacific has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking 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.




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