re: Ann: 200-250Mt Initial Exploration Target...
Rough as guts figures, but you might like to use this as a guide. I guess there are many variables to consider....
Grinding to around 150 micron. Energy used =1 Grinding to around 100 micron. Energy used =1.25 Grinding to around 40 micron. Energy used =2.5
I am also told that a lot of magnetite operations grind to the point where the silica content is around 2%. So for Yerecoin, that would be somewhere around 100 micron. However, you may choose to grind more or less depending on who the customer is and what they want.
Oh, another point of interest, the magnetic seperation process tends to works better whan you have a course grind, rather than a fine grind, so, Yerecoin looks like it could be a winner on that front as well.
Note of caution. Apparently the Davis Tube Testing is fairly rudamentary, and you'd want confirmation of the results through something like a pilot plant before proceeding to full production.
GIR Price at posting:
62.0¢ Sentiment: LT Buy Disclosure: Held
