Ann: Gold Extraction Results from Ema and Tres Estados, page-29

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Midnight26

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14/08/17

14:13

Post #: 26482659
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Originally posted by eshmun ↑

Interesting that they are currently only allowed to drill along existing tracks which indicates there is a fairly strict environmental approval process at work.

In some ways it will be a good test as there isn't going to be much selectivity involved. If the samples from the RC drilling come back showing that the metals are in fact homogenously distributed in the gabbro unit, as the rock chip sampling so far suggests, that will be a significant confirmation.

Obviously the next problem will be to get the environmental licences to be able to do the diamond drilling and refine the met processes into scaleable forms where an economic feasibility can be made on mining the potential deposit on a bulk scale.

If the grades from these tests are truly representative of the bulk of that gabbro unit and the outline of the unit has been mapped accurately there is a good chance that the grades will carry any production costs through, as long as there is something that is not being told to us in respect of the processes, ie we haven't been told the types and quantities of acids required to effect the leach and or the energies involved in the smelt.

Good to see the drills finally spinning. That will get one uncertainty out of the way. Esh

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Ongoing work is focusing on streamlining both the pre-leach and smelting processes to enable pilot scale testing to commence within 1-2 months. An additional 210 kg bulk sample has been collected from the area of the Nei-Tabocão surface workings, Três Estados for ongoing testwork.

That's one of the amazing things. You'll be able to mine this like iron ore. I doubt they're going to find a lot of waste rock at those grades.

Last edited by Midnight26: 14/08/17

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Ann: Gold Extraction Results from Ema and Tres Estados, page-29

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