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Azimuth Resources reports positive initial metallurgy test results from Hicks Deposit
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Tuesday, 07 Feb 2012
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Azimuth Resources Limited has received positive results from a sighter metallurgy test work program on a range of oxide and fresh materials, testing the amenability to both cyanide leach and gravity recovery methods on samples from its 100% controlled Hicks Deposit, West Omai Project, Guyana, South America.

Highlights:
1. Cyanidation test work demonstrates average whole ore recoveries of 93.3% in Oxide material, 92.8% in Fresh material
2. Gravity amenability test work reveals average recoveries of: 7% in Oxide material, 16% in Fresh material

Eleven interval composites were tested at ACME Metallurgical Laboratories in Vancouver, Canada, using laboratory leaching and gravity concentration apparatus. The composites were chosen to represent a range of grades from both oxidized and fresh material. In addition, one composite of fresh material representing a spread of grades from spatially diverse locations within the deposit was also tested. Details of each sample type are given in the tables accompanying this announcement.

The results were extremely positive. Of significance to the Company are the high extraction rates achieved in both oxidized and fresh materials indicating that gold mineralization at the Hicks Deposit, as is also the case at the Smarts Deposit is not refractory and both oxide and fresh material will be amenable to treatment by conventional CIP or CIL.

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