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Paul7890

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12/04/23

10:17

Post #: 67230393
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Originally posted by Circadian: ↑

Agree. The fact that WC1 mention "acid leach" strongly suggests that they have little to no ionic component of their resource. Using an acid would imply that gangue minerals (i.e. Fe, Al) also go into solution at low pH conditions, causing downstream separation challenges. I note that WC1 make reference to magnetic separation - this is likely due to the dissolution of iron into solution at these acid conditions. Additionally, if work has been underway since 2011 on this material it doesn't evoke much confidence in the project's economic viability. I hope I am wrong and I wish WC1 all the best in their endeavours.

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I have posted this previously here: https://hotcopper.com.au/threads/ann-update-on-salazar-ree-project-transaction.7022320/page-6?post_id=64361385

It is good to see they do reference this previous work, I'm also not sure how they are planning to leverage the past results to improve the leaching as they suggest so that remains to be seen...

WC1 Price at posting: 11.5¢ Sentiment: None Disclosure: Not Held
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Last 2.0¢		Change 0.002(11.1%)		Mkt cap ! $4.167M

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I have posted this previously here:...

Trigg brings famed Finnish metals refiner – and its tech – onboard to bolster antimony processing

Japan tariff deal inked at 15% – as long as US gets half a trillion of investment

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

ASX Market Close: Iron awe keeps the XJO tracking along

Telix sinks as US regulator SEC issues subpoena over claims

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I have posted this previously here:...

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Trigg brings famed Finnish metals refiner – and its tech – onboard to bolster antimony processing

Japan tariff deal inked at 15% – as long as US gets half a trillion of investment

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

ASX Market Close: Iron awe keeps the XJO tracking along

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