metallurgical testwork results for konkera, page-18

The results are very encouraging.

What people are forgetting is that AMX has been discovering gold at a rate of 1,000,000 JORC compliant inferred ounces per year, which puts it in very rare company.
If this discovery rate continues this project is going to have interesting economies of scale which few companies in the world have.

This aside the Met recoveries ARE A FIRST CUT, AND AS EVERYONE SUSPECTS THEY WILL IMPROVE AS THEY CONTINUE THEIR STUDY. THEY HAVE DIRECTOR/SHAREHOLDERS WHO HAVE DEEP AND VERY RELEVANT EXPERIENCE IN MET PROCESSING, unlike many other junior companies.

It is important to note the similarity of the ore, alteration and host rocks with that of SEMAFO which is in the same country, and to look at their performance in terms of recoveries and mining costs. These obviously using a much larger volume of rock to sample (they are mining). Cost have ranged from $520 to 650 per ounce. Still a very healthy margin, and indicating a very fast payback on capital.

Also in the economics of a Project payback on capital is a critical dimension. Some of the oxide has very nice grades.

Not too bad boys...