14/05/2024
Understanding Gold Assaying
An assay is a process of analyzing a substance to determine its composition or quality. In the mining industry, assay is a chemical analysis that identifies the amount of metallic or mineral elements in a rock sample. Gold assaying is the process of determining the amount of gold in rock located within a mineral deposit. The findings from assays help gold exploration companies determine the quality and potential of a mineral deposit and assist in mapping out targets for future drill programs. To meet the varied requirements of the mining industry, the assay laboratory must be able to provide rapid and reliable results.
Gold assays conducted on a regular basis provide a range of information:
1. On gold grade (define ore reserves, optimize mill feed).
2. On the different status of gold (free, attached, occluded or refractory) to define plant performance and loss in tailings).
3. On its speciation (under what mineralogical form gold occurs, native gold, or alloy).
Thus, the choice of the most appropriate method to determine the nature and gold content of a sample depends on its physical, chemical and especially mineralogical properties as well as the purpose of the analytical results (mining research, optimization of the treatment process, sale of concentrate, etc.) and the type of the sample to be analyzed.
Before the decisive step of the analysis, it is important to underline that gold ores are characterized by a great variability and that a great vigilance should be taken during the preparation of the samples. This being said, the three most commonly used methods are:
1. Fire Assay - Fire assay is a standardized technique for concentrating precious metals. The sample is first mixed with fluxing agents with a lead collector. The mixture is then heated to high temperature (1150 –1450oC) in a furnace to melt and fuse. A ”button” of mixed precious metals is obtained in which the gold is extracted by a process called cupellation. The gold prill obtained after parting can be weighed gravimetrically or the button solubilized for determination by atomic absorption spectrometry or inductively coupled plasma spectrometry. This gives the total gold content.
2. Acid digestion followed by analysis by Atomic Absorption Spectroscopy - The determination of gold by chemical digestion can be a reliable alternative to fire assay. This digestion is performed by aqua regia, which is a mixture of concentrated HCI and HNO3. The results of this analytical method for gold correlate fairly well with those obtained by fire assay, and if the samples have been properly pretreated. Indeed, samples that contain carbon in the form of graphite or charcoal must be roasted before digestion because gold can adsorb (preg-robbing) when dissolved, which affects the analytical results.
3. Cyanidation - Cyanidation is an indirect method of assaying gold. It consists of dissolving gold when it is only in the form of free or attached grains, thus accessible to a dilute cyanide solution. This solution loaded with dissolved gold is then analyzed to determine its concentration.
4. Mineralogical analysis - Mineralogical analysis of gold ore by microscopic observations (optical and electron microscope) and by elemental microanalysis (electron and ion microprobe, Laser ablation coupled with ICP-MS) is paramount to understand in what form gold is present in the ore. Microscopic observations allow us to know the different status of gold:
-Free gold is that which can be recovered gravimetrically.
-Free and attached gold is that which can be recovered by cyanidation.
-Occluded gold cannot be recovered by cyanidation, but can be recovered gravimetrically if its size is significantly larger than that of the host mineral
-Refractory (or invisible) gold is gold that is embedded in the crystal lattice, and is not observable by microscopy. It is the elemental microanalyses that allow it to be detected and measured.
A rough assay can be done by crushing ore samples and panning. With some experience and a careful examination of the amount of gold present, it is possible to make decent visual estimates of the amount of free gold in the ore. Assaying by the blow-pipe furnace is another inexpensive path.
Aside from the AAS and ICP, instrumental methods include XRF, X-Ray Fluorescence; Atomic Emission Spectrometer; ICP-MS: Inductively Coupled Plasma – Mass Spectrometer; and INAA: Induced Neutron Activation Analysis and many others.
Why assay?
- Assay results provide an early indication of the potential value of a mineral or ore body, and therefore they are closely monitored by investors. An exceptional assay result can trigger a sudden sharp rally in the stock of a company. Conversely, poor assay results may lead to a significant decline in a stock.
- An assay test determines the impurities present in the ore before sending the ore to a treatment facility.
- It is not possible to tell how pure a gold bar is by simply looking at it. While a bar may look and feel like it is entirely made of gold, it is common for bars to be comprised of gold mixed with different metals called alloys. Purity is measured by karats: if a bar is 24-karat gold, then 99.99% of that bar is comprised of pure gold. If a bar is 12-karat gold, then it is a mixture of 50% gold and 50% other metals.
- Assaying one’s gold provides a quality check to make sure that the gold purchased is not only at the purity level claimed, but also that it meets the standards set by the bar’s mint. Assaying allows for transparency and honesty about the gold that investors are looking to buy.
- Assaying is also important in futures markets. Metals that are used to meet delivery requirements of futures contracts must be assayed to ensure that they meet the stringent quality and purity requirements mandated by the futures exchange for the particular contract in which that metal is traded.
who assays gold?
Anyone can assay their gold, but certain methods will be easier and more cost-effective than others. Electronic gold testers are relatively cheap, are sold commercially, and do not require prior knowledge. Therefore, anyone can test their gold piece using this method. XRF and other laboratory processes, however, require highly-trained specialists such as chemists, but are much more precise.
Beyond individual assayers, there are many companies that specialize in assaying. Oftentimes, refiners and mints will offer gold assay services to their investors, or even have a trusted third-party assayer complete the process for them.
Types of Assay
Many gold and silver pieces come with some proof of assay. Smaller ounces, for example, may come sealed in an assay card, which includes such information as the date of creation or assay. An assay certificate, though different from a card, is similarly designed to provide proof of purity and authenticity. In both cases, buyers, investors, and collectors have proof that their purchases are both pure and worthwhile.
The information included on an assay is just as important as the presence of a card or certificate. The assay tells recipients the serial number of the piece, which is further proof of its authenticity and integrity. Good assay cards also include the specific type of metal, thus proving that it is pure silver, gold, palladium, or platinum. It proves the promised purity of a piece and includes the mark of the mint where the piece originated.
A certificate of authenticity, or COA, is somewhat like an assay certificate or card. It is usually a sticker or a seal on a proprietary item. Usually the seal is on a piece of paper or the actual certificate, and it proves that the coin or bullion is authentic. Unlike an assay, however, there typically is no thorough process to prove the item’s purity, or at least it does not go to such great lengths. Similarly, a COA does not seal a piece of gold or silver, unlike an assay card. That being said, a COA does contain pertinent information like purity and a stamp of approval. It will generally include some sort of maker’s mark as well, along with information about its fineness and weight. Some products do not receive a COA for various reasons. They may come in bulk orders, or they may come with an assay, which can render a COA unnecessary.