With these large systems we get mixing of different mineralisation events, the grade relationship between gold, copper and silver can vary significantly to one event and another and where they mix. It's why it can take over five years to determine an accurate resource and geological model. Atleast with these systems we are getting large intercepts with half decent grades at early stage. We need to step out at depth and direction whilst working towards later drilling tighter spacing for a resource/reserve.
We then do metallurgy testing to determine recovery and impurities to determine the process needed and the end product to sell to clients. If that be concentrates, refining to copper cathode and gold/silver dore(bars). It should also be noted that some rhenium will be there as the style of mineralisation normally has traces and can be economic.
It's exciting that this is opening up and something special is being discovered.
XAM Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
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