The meeting was a blend of Gary Mogans vision and some hard facts
The Morgan vision is a high volume process of extracting precious metal from Pilbara iron ores in the Pilbara.
Haoma have established Pilbara iron ores can contain Au 1-2 oz per tonne,Ag 2 oz per tonne and Pt group metals 2 oz per tonne. The metals are in poly-metallic nanoparticles. They can measure the metals and can extract them seperately at a bench scale
The have been process developing over the last 12 months to remove high cost steps. They now have a process which will cost about $100 per tonne
They believe the have final process which is being trialled with a half tonne at this time
They will use the Bamboo Creek plant and reopen the plant at the Normay mine.
Since the process is using known methods in new ways it is know how and probably not patentable. The reality of forming commercial relationships is they must be able to have a fair exchange.
charliegold
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