ADT 0.61% $4.11 adriatic metals plc

Ann: Adriatic Metals Corporate Presentation, page-159

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  1. 11,185 Posts.
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    Maybe you missed the first slide on Rupice prospect.

    Only 35% of historic holes sampled for precious metals

    High correlation between precious and base metals

    As per my previous post, based on the average grades of the 9 new drill holes at Rupice, the in situ value of the metals in the deposit will likely follow the below percentages or percentages close to these

    Zn 31% of the in situ value
    Ag 27% of the in situ value
    Au 18% of the in situ value
    Pb 17% of the in situ value and
    Cu 7% of the in situ value

    Zn is the highest value metal, as you say, but you don’t closed the case with Zn in this rich polymetalic deposit.

    The precious metals will likely comprise 45% of the deposit’s value and it will need to be extracted in the smartest possible way. Given that the Ag normally reports with the Zn (or Zn-Pb) depending on whether they produce a Zn concentrate or a Zn-Pb concentrate and the Au reports to Cu in concentrate they will need to maximise the gold as the Cu has little value. Given the very low value of copper (so far in this deposit) and the high values of Ag and gold the company should be looking at options for producing gold doré and maybe even electrowinning silver if the deposit proves large enough and the precious metals are amenable to seperation.

    I really don’t understand the antagonism towards talking about extracting the precious metals on this forum. It seems as if people have been convinced that these can’t be extracted before we know the size of the deposit or the dressabilty of the precious metals to different types of processing options.

    Maybe it’s just better to concentrate on topics where we can just stick to the know facts that have been published by the company. Esh
 
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