Partnership with MSALABS to bring Chrysos gold assay tech to Canada

Chrysos Corporation, pioneer of the revolutionary PhotonAssay technology, and MSALABS, a global provider of geochemical laboratory services for the exploration and mining sectors, have announced a global partnership to deliver Chrysos’ ground-breaking assay solution to the international mining industry.

The partnership will see MSALABS deploy at least six PhotonAssay units across the globe over the next 18 months. The first unit will be installed at Barrick Gold’s (TSX: ABX; NYSE: GOLD) Bulyanhulu mine in Tanzania, and the companies will then commission three more units in Africa and a further two in Canada by mid-2022.

Chrysos PhotonAssay delivers faster, safer and more accurate gold analysis and is an environmentally friendly replacement for fire assay on-site and in the laboratory. Hitting samples with high-energy x-rays, the technology causes excitation of atomic nuclei allowing enhanced analysis of gold, silver and complementary elements in as little as two minutes.

Importantly, Chrysos PhotonAssay allows large samples of up to 500 grams to be measured and provides a true bulk reading independent of the chemical or physical form of the sample. The process is completely non-destructive, and all samples can be retained for further testing or analysis if required.

The technology is already being used at Kirkland Lake Gold's (TSX: KL; NYSE: KL; ASX: KLA) Fosterville mine in Australia.

More information about PhotonAssay is posted on www.Chrysos.com.au.