PEX 4.76% 10.0¢ peel mining limited

Wirlong, page-36

  1. 12,260 Posts.
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    Bit off topic but you are right about those nasties. Last year KCM imported into Zambia toxic Cu concentrate from Chile for processing in its smelter at Nchanga in Chingola.

    http://zambiareports.com/2015/06/07/kcm-importing-toxic-and-deadly-copper-concentrates/

    The government of Zambia rejected the concentrate

    https://www.lusakatimes.com/2015/07/08/government-rejects-toxic-imported-copper-concentrates/

    and it was re-exported to Taiwan for processing.

    http://www.tiozambia.com/finally-kcm-exports-toxic-concentrate-to-taiwan/

    On the subject of the depth of the drill intersections at Wirlong, it's still very early days. Let's hope that a deposit at Wirlong if found turns out to be large and of high enough grade to warrant mining. Any near surface extensions would then be a bonus. The shallow high grade lead, zinc, silver, gold discovered at MB seemed to be looking to change the economics of that deposit but that all went onto the back burner pretty quickly. I'd appreciate it if the company focussed on closing that mineralisation off (if it isn't already) and looking for extensions or repeats. The gold at Apollo has potential to dilute us if we go to far with that project IMO. We really need a partner there or to sell it off and retain a royalty. Better to concentrate our efforts around Cobar where we hold large swaths of valuable base metals/gold exploration tenure IMO.

    Eshmun
 
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