Processing the tailings from Portia, pending (what?) approvals
"Earlier metallurgical testing has shown that the Portia tailings could be treated with the same gravity-flotation-leach processing circuit that is currently being tested for the similar fine gold in the North Portia oxide gold resource."
"More than 120 samples were collected across the two tailings storage cells and were composited for metallurgical testing purposes. The composite samples returned gold assays between 0.21 to 1.91 grams per tonne"....estimated 570,000 dry tonnes of tailings available".
Quarterly Report 20181 February 2018 – 30 April 2018
570,000T x 0.21g ( complete worst case scenario average?????)
= 19,700g = 4275oz x $1500= $6.4Mill@ 50/50 split?
Processing costs and who bears it?????
Who knows? Nevertheless potential profit of maybe $1Mill each, HAV/CMC minimum? It can't be just abandoned, surely?
Possibilities: Positive and Negative, page-3
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