Basically the greater than 100% returns show that against initial data via fire assay.
So when look at table there are the fire assay amounts and when run through cyanide bottle roll the ore shows is leachable for higher recovery against that obtained via fire assay results hence >100%.
With the pyrite, agree that element would be, by definition, refractory, though again, the results show the entire core is not solid pyrite and pyrite is common anyway in a lot of gold ore areas.
Comes down to recovery rates overall against the grade and if economically viable which in this case maybe GSN believes possibly especially if a further drill program finds more.
Re Qld...no probs.
Re Mon Ami...from memory, was posted about that at the time to look at what the program was looking to achieve and whether it achievesd that outcome.
Believe the Co. outlined that. So, they liked what they saw. Yes, mkt likes drill programs to throw up big grade numbers etc but that doesn't always happen as anyone knows but if it showed possible extensions, etc then that info is also beneficial.
With Cox's Find payment, have nothing on that yet and cap raise has always been on the cards for some time so no real surprise anyway.
Who knows...maybe get another extension negotiated, Terpu kicks in another loan or we wait and see what their plan is.
GSN Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held
