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josimar

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10/10/17

00:16

Post #: 27778239
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Originally posted by aiki99 ↑

Sorry I beg to differ. The treatment cost depends on the processing route. No studies have been done on the likely processing route yet. Do not think that the Norton mineralisation will be similar to all areas of Triumph, some may be better to process than others. There are a lot of new developments in small, modular processing plants that could be used at Triumph.

As for 5% arsenic getting a credit in China, which planet have you been living on? China has banned importation of high-arsenic concentrates in recent years. It may be that the only way to process high arsenic material is to leach on site. The Norton material, despite the arsenic, still leached ok apparently. The arsenic ends up in the tailings dam.

I heard recently that the Norton mine is likely to be sold soon. MBK apparently put in a very low-ball bid, much lower than the final price being discussed. I had a discussion once with Ian Kraemer about his plans for Norton. Can't say I agreed with his cheap and nasty philosophy. Maybe the new owners will do it properly.

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I was at an agm when Ian Kreamer complained privately to me that his board could never get him enough money to get things done. Probably why Norton is sitting idle now awaiting a new owner to get it back into production.

The Steinert sorter box seemed to do a good job at large 70mm size.

Two of MBK targets at Triumph are adjacent to the Norton ML, if you also take into account the fault. The veins in Norton ML just continue on into Metal bank's tenement.

I am not ready just yet to take your word that the ores would be signifacntly different.

I will wait on some drill assays that report the arsenic content.

But then a clever management could simply not request that the assay lab analyse for arsenic. Then they would need report it.

MBK Price at posting: 2.2¢ Sentiment: Sell Disclosure: Not Held
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