Trafford are currently working closely with the IronClad (ASX: IFE) development team in anticipation of stockpiling all mineralised sulphide zones encountered within the planned IronClad Weednanna pit. According to the joint venture agreement between Trafford and Ironclad, Trafford has the right to all minerals mined (including gold), except Iron Ore. Trafford, intends to process these high sulphide stockpiles separately for gold. Preliminary metallurgical test work has shown recoveries of >90% for the gold contained in these sulphide zones.
to all out there with an understanding of whats going on, please let me know, dose this mean all the costly mining has been done by ife and then trf can process the ore to take the gold out, and then ship it on to whyalla, or is that to simple. if it is good stuff
TRF Price at posting:
41.5¢ Sentiment: Hold Disclosure: Held
