AXM HRZ

re: Ann: IRC: Acquisition of Wiluna Calcine T... Apex has sold...

  1. gosilversovereign
    177 Posts.
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    20/06/11
    12:42
    Post #: 8560648
    re: Ann: IRC: Acquisition of Wiluna Calcine T... Apex has sold off an old tailings dam. The gold contained is difficult to recover by normal gold processing.

    The way I see it, IRC will do the test work and build the plant to leach the gold from the calcine then use Apex's elution / gold room facilities to pour the gold.

    I thought the tailings would have been sold for a bit more than that. I guess Apex will be looking to make money toll treating the leached gold.
    AXM Price at posting: 0.8¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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