b) Recent capital raising statement - "This will allow us to fast track the next stage of the project - the designing and construction of the gravity circuit"
My reading on a gravity separation circuit in mineral processing is - http://www.britannica.com/EBchecked/topic/383742/mineral-processing/81308/Crushing#toc81313
So if I understand correctly ( I am not a metallurgist ), that the ore will be crushed, passed through a gravity separation circuit and then the iron ore will be magnetically separated??? If so, TRF will have a very easy feed for gold, silver etc...in the tailings - post magnetic separation, and concentrations will almost double due to no iron present.
I would also imagine that the tailings will be stockpiled for TRF benefit depending on Au Ag content.
However I still do not understand the term DRY DSO... if it has been processed via a (wet) gravity separation plant... or has the red wine got to me?
TRF Price at posting:
39.5¢ Sentiment: Buy Disclosure: Held