NWC new world resources limited

@CD1999Make a submission to the JORC committee.Read JORC 2012...

  1. 1,659 Posts.
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    For a Cu-eq formula that produces values comparable to pure copper plays, simply divide the Cu_eq figure published by NWC by the copper recovery.



    The recoveries used in the NWC Cu-eq formula are not the maximum recoveries by metal. Rather they are the set of recoveries we should expect from the concentrator based on the metallurgical test work completed to date. You used the term "optimum" and the recoveries are indeed that. The concentrator can play some games when in production if metal price changes make one or other metal more attractive but said changes are relatively minor.



    @CD1999

    Make a submission to the JORC committee.

    Read JORC 2012 and the proposed new JORC and make suggestions as to desired changes and rigour of policing.

    JORC tables are good when the company is good and bloody awful when the company is run by shonks.

    JORC demands cross-sections but no-one enforces their inclusion.




    Last edited by ozbucheron: 10/12/24
 
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