QUEBEC CITY, July 12, 2011 /CNW Telbec/ - Conway Resources Inc. ("Conway" or the "Corporation") (TSXV: CWY) is examining the possibility of producing gold using more environmentally-friendly methods, such as replacing cyanide with chlorine.
As such, the Corporation has extracted a six-tonne bulk sample from the Conway and Paquin veins on the Conway Paquin property. The sample has been sent to a potential strategic partner who is currently assessing the properties and the gold recovery rate for the Conway ore. Earlier studies using this new green technology on smaller samples have shown an average recovery of 94.4%.
Laurent Beaudoin, President and Chief Executive Officer of Conway, said that: "We are excited about the possibility of using a production method that could be both more environmentally-friendly and lower-cost. The tests by our potential strategic partner will allow us to assess whether this would be an effective technology for Conway. We expect to receive the results by September 2011."
About Conway Resources Inc.
Conway is a mining exploration corporation that owns four gold properties and one rare metals property in Quebec. Its main asset is the Belleterre Mine property. The property is the site of the old Belleterre mine, which produced over 800,000 ounces of gold between 1936 and 1959. A total of 2.18 million tonnes of ore at an average grade of 10.73 g/t Au were extracted from the mine, primarily from vein 12 (95% of production). Earlier reports indicate the presence of at least 21 veins on the property.
More information can be found on Conway's website at www.ressources-conway.com.
Forward-Looking Statements
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