re: Ann: Canary Events Roadshow Presentation ... some highlights
- substantial metallurgy studies are complete and the results are due to be released. To paraphrase 'the easiest way to improve ounces is to improve meatallurgical recovery'
- aiming to put a deposit on a ball mill in december pending finance(wouldn't be doing this if the study didn't stack up IMO)
- First gold pour from White Well in june 2012 if not sooner and profit will be used to drill, develop Nickel tenements
- realistically not looking at the iron deposits for 18 months however the magnetite is high grade and the rough plan ATM is to cheaply turn it into pig iron at a cost of ~$50/tonne which sells for $500/tonne on market OR sell the ore to nearby projects who are moving ahead with magnetite projects with much lower grades (i like the first idea better!)
I put off listening to this thinking that there would be nothing new that I have not read from the presentation slides but I was wrong. I would recommend that everyone listen to the presentation. If I could give JG a TU I would
Ann: Canary Events Roadshow Presentation October , page-41
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