Areply from Director Ben
"Good afternoon
And thank you for your email
Yes, Australian Mines’ Flemington Project does contain platinum, and at a grade very similar (not surprisingly) as Clean TeQ’s of around 0.5 grams per tonne
The issue with platinum, and the reason that AUZ doesn’t quote figures nor did Clean TeQ until recently, is that none of the processing plants designed for nickel and cobalt can extract platinum. (They extract scandium very easily but not platinum).
In their most recent announcement CLQ did say that they are looking at including an add-on to their plant to extract the platinum but my numbers suggest that the economics won’t work.
Therefore companies like AUZ, CLQ and PGM are faced with a decision - platinum only or cobalt + nickel + scandium.
I hope this answers your question.
Kind regards
Ben" - authorised public in HC forum.
The trace of Pt in Flemmington's project is proximal to Syerston's project. Let's see the next Flemmington's announcement abt Sc, Ni and Co.
Have a nice weekend
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