NPM 0.00% 1.1¢ newpeak metals limited

Ann: Argentinean Project Update, page-20

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  1. 430 Posts.
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    A couple of preliminary questions and comments after a first pass at the ann:

    1. Is it a waste dump or a low grade stockpile? if waste then I'm very happy with the grade; if stockpile then it's OK.

    2. IMO the spodumene from recently-mined material should be in fair shape (i.e. not weathered, Li not leached) so trenching will highlight variability in orebody/mining rather than weathered vs fresh rock.

    3. Not sure the person writing the ann has any mining experience, because processing dumps is much easier and cheaper than what 'could be mined in a straight forward open‐cut manner'. No blasting/scraping and limited grade control = $avings.
 
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