EDM 0.00% 0.1¢ eldore mining corporation limited

great acquisition, page-39

  1. 1,197 Posts.
    Pg76, the 23 to 24% is the concentrate grade, the final product, which is quite poor.for concentrate you should be targeting 27% to 30%. some ore types you can achieve 30 % plus.

    They say they have two holes drilled but have not give the assays?alarm bells ringing..

    You can work out the past head I guess from the previous figures, but it would be ball park as the recoveries look like they were all over the shop.

    My question is ( to slack to look up) has this management operated a mine and process plant before, do they really know what they are look at?

    Would have liked to see a photo or two of the pit as well. They haunt milled a million tons yet but are 360 m deep, must be small hole.

 
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