SS1 3.54% 54.5¢ sun silver limited

Largest silver play ASX, page-120

  1. 376 Posts.
    lightbulb Created with Sketch. 25
    Here is the report web link -
    Element79 Gold Files NI 43-101 Technical Report on the Maverick Springs Project

    Here is what it actually reports -
    "Open pit mineral resources are reported at a cut-off grade of 22.5 g/tonne Ag EQ. Cut-off grade is based on a gold price of US$1,650 per ounce and a silver price of US$22 per ounce, a gold recovery of 75%, a silver recovery of 85% and reasonable mining, processing and transportation costs.High grade capping was done on silver grades in the composite data. A capping value of 25 oz/ton Ag was applied to the silver grades."

    Could not find in that report anywhere it saying "Newmont heap leach recovery test work showed 25% recovery of silver."
    Seems to me, "FAKE NEWS"
    Last edited by toteman: 25/05/24
 
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