ADT 2.38% $3.23 adriatic metals plc

Historic Holes, page-26

  1. 3,050 Posts.
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    PT
    I don’t think I would get in the road of either you or Eshmun. You both have formidable industry knowledge.
    I can’t inagine this project will be constrained by access to capital, it will be very robust economically. And whilst the strongest gold mineralisation is at depth I don’t think it is deep enough to defer the construction of a gold circuit. I dare say they would construct the gold circuit at initial construction (when it would be cheaper to do it) and set a cut-off grade for pre feed for when it gets utilised.
    It is still all speculative as any gold circuit will also pick up silver. So there may be a justification to run this circuit from day 1 just for the incremental silver gain.
    But I am a mining engineer and learnt long ago through numerous scoping and feasibility studies not to make too many assumptions with metallurgy.

    Cheers
    Gosouth
 
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