TRF 0.00% 1.9¢ trafford resources limited

Ann: Detailed Results from Telephone Dam , page-3

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  1. 1,857 Posts.
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    Hi Fisho,
    They are very encouraging results, just in this market will probably go unnoticed. The silver is very important to this deposit roughly 40g/t silver is equivalent to about 1g/t gold. So hits like 12m @ 6.5% Pb and Zn along with 93g/t silver is like hitting over 2g/t gold. They have bigger hits than this in the deposit as well. They just need to do more drilling and define a resource. Fortunately lead/zinc and silver is one of the easiest polymetallic deposits to concentrate by flotation and separate the lead from the zinc. Would be very cheap to set up with the mining infrastructure already being developed at Wilcherry Hill and they only have to get it down the road to the Port Pirie lead smelter, easy peasy.
 
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