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Winston Gold Corp
Symbol WGC
Shares Issued 320,241,994
Close 2020-11-13 C$ 0.175
Market Cap C$ 56,042,349
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Winston Gold installs crushing circuit at Paradine

2020-11-16 07:45 ET - News Release

Mr. Murray Nye reports

WINSTON GOLD COMPLETES UPGRADES TO PARADINE MILL FACILITY

Winston Gold Corp. has completed the installation of a new crushing circuit at the Paradine mill facility near Radersburg, Mont.

A new primary jaw crusher and conveyor belt to feed the secondary cone crushers have now been installed at the Paradine mill. The company anticipates that the mill will be ready for initial testing in two to three weeks.

"We expect to initially run the mill at 75 to 85 tons per day and process the lower-grade stockpile in order to test and tune the mill," stated Murray Nye, chief executive officer and director of Winston Gold. "Once we have successfully tuned the mill and have achieved our targeted gold and silver recovery rates, we intend to ramp up throughput to 150 tons per day."

The Paradine mill is located just 35 miles (56 kilometres) by paved road from the company's wholly owned Winston gold project, which is situated near Helena, Mont. The mill has a nameplate capacity of 150 tons per day and hosts a ball milling circuit as well as both a gravity and flotation circuit. A new lined settling pond has been constructed for tailings disposal with a 35,000-ton capacity and two additional ponds are also being built.

Winston anticipates producing dore bars on site from the gravity circuit. These bars will be sent to Idaho for refining. Initial gold and silver concentrates will be sent to various companies for testing.

Bureau Veritas previously performed gravity and flotation tests on selected drill core from the Parallel, Custer and block 93 vein systems. The gravity circuit alone was able to recover 5.9 per cent gold and 1.3 per cent silver. Flotation of the gravity tailings recovered 86.7 per cent gold and 85 per cent silver and resulted in a combined gravity plus floatation recovery of 92.6 per cent gold and 86.3 per cent silver. Bureau Veritas stated that it believed that there was still room to improve that recovery rate.

Qualified person

The scientific and technical content and interpretations contained in this news release have been reviewed, verified and approved by Dr. Criss Capps, PhD, PGeol, an independent consultant to Winston Gold. Dr. Capps is a qualified person as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects.

About Winston Gold Corp.

Winston Gold is a junior mining company focused on advancing high-grade, low-cost mining opportunities into production. Toward that end, the corporation has acquired the underexplored and underexploited Winston gold project near Helena, Mont.

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