righto - just noticed this Co this morning - Looking as quick as i could to see the mineralisation and style and metallurgy - the Au Ag Sb As association i know often is notorious for the refractory nature of the sulphides world wide. It doesnt HAVE TO BE' but often is.
so the optimization if i am correct sticks to the oxide where obviously the best recoveries are and appear to be reasonable.
in the prospectus to date i cannot find any reference to refractory ore, however some of the low recoveries from some samples suggests there is that possibility and i see some posts above talking about that.
So my initial thoughts on the project are that initially they are restricted to oxide ore, that drilling deep under the opt pit may show "resources" outside the current inferred resource, but maybe of a completely different nature and economics.
i would like to either see clarification on this matter as i feel the independant consultant in the prospectus talked all around the subject but gave no comment directly on the existence of refractory ore, nor even to comment on the possibility - i may be wrong here but i could not find any.
bought in today but these issues are very relevant to the possibility of making huge gains in "ECONOMIC" mineralisation as opposed to huge gains in inferred or even indicated resources, which mean not a lot if half of it is at low recoveries!!
hope to be wrong, but am highlighting the biggest risk here
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