Damnit Reiner, you beat me to it :-)
Some selected quotes from report:
"Plentiful visible coarse gold including samples > 1 centimetre in quartz veins.
Furthermore, the mineral system
at Old Pirate continues to surprise us with plentiful gold observed, for the first time outside of the quartz
veins, in a black shale / shear zone at the Golden Hind.
Processed material has revealed gold grains in concentrate from >2mm to as fine as 50 microns (0.05mm)
supporting previous laboratory test work of a high gravity gold recovery (see ASX release dated 05/09/2012).
Further information on head grade, production and recovery will be released after off-site assaying results are
received."
I can't see anything that would indicate a failure. Recovery seems to be good. Assays on tailings will be interesting to compare lab recovery to actual, but if they are getting recoveries down to 50 micron, there should not be a lot left in waste.
Interesting that there is more gold in the immediate area around the quartz. Wonder exactly how much? Could make a significant improvement in reserves if so.
Certainly can't see any reason for selling down unless they either need the money or really want to deliberately supress the SP.
- Forums
- ASX - By Stock
- PRX
- ann: processing of high grade ore
ann: processing of high grade ore, page-10
-
- There are more pages in this discussion • 55 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PRX (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $5.831M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $417 | 166.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 2103918 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 23325986 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 2103918 | 0.002 |
38 | 113517381 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 23325986 | 20 |
0.004 | 5555526 | 8 |
0.005 | 4889000 | 2 |
0.006 | 600000 | 2 |
0.007 | 540000 | 1 |
Last trade - 15.19pm 16/10/2024 (20 minute delay) ? |
Featured News
PRX (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online