The metallurgy is not straight forward - granted - but I'm confident that they will find a process whereby they will be able to cost effectively treat the ore.
Being a polymetallic mine - potentially very low cost as there are a lot of byproduct credits from the Cu, Ag etc.. which should make this a very low cost gold producer.
I think the metallurgical tests have thus far shown the recovery rates of the gold that was left lying around for a few years and "oxidised" were very high(90% plus) compared to the fresh ore.
TMR may need to find a way to hasten the oxidisation process, I'm sure there are ways, or extract as much fresh ore gold as possible (maybe at the current low 45% recovery rate) and then leave the rest to oxidise for a year or 2 and retreat later?
The byproducts will still make this very low cost.
I have faith a cost effective solution will be found.
armenian project, page-5
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SMM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
-0.001(12.5%) |
Mkt cap ! $3.608M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $6.99K | 2.068M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 22761942 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 5859793 | 9 |
View Market Depth
| Last trade - 15.23pm 01/11/2024 (20 minute delay) ? |
| SMM (ASX) Chart |