Depends on differences between projects regarding what is good or excellent I guess. For Julimar, they are dealing with fine grained mineralisation, which normally may lead to difficulties during leaching with cyanide due to various constituents consuming cyanide in preference to the valuable metals. The gold extraction is excellent (compared to fine or coarser grained projects) but gold is not the main constituent in their ore, even though it is the most receptive to cyanide. The Pd extraction of 76% may be deemed excellent, based on Pd leaching characteristics, (which is not very common around the world and there may not be many projects to compare it to) but personal preference I would have liked it to be 80% or greater, which I am sure they will achieve with further testing. Does that help?
CHN Price at posting:
$4.66 Sentiment: Buy Disclosure: Held
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