CTM 2.86% 36.0¢ centaurus metals limited

Well this is what you said mate - perhaps you could explain what...

  1. 10,360 Posts.
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    Well this is what you said mate - perhaps you could explain what was meant?

    The 'hi-grade Co orebody' from my above postings came in at well under 1Mt, with my block wireframe 'guesstimate'.

    Link to the full post so as not to be taken out of context - https://hotcopper.com.au/posts/33641974/single

    I think we are all jumping a little to quickly to an assessment of this deposit - looking at @OldGeo 's maps there are still a lot of drilling results to take into account.

    There are also many processes for treating these ores - subject to met work.

    The well known High Pressure Acid Leach (using half a tonne of sulphuric acid/ tonne of ore, and large amounts of energy)
    The (still experimental??) CSIRO Nitric Acid process
    https://www.csiro.au/en/Research/MR...y/Process-flowsheet-development/Direct-Nickel
    Several kinds of fungal/biological processes
    And the processes using reductive roasting of the laterites prior to solution of metals in ammonia (e.g. Queensland Nickel) - sort of a reverse of the lateritic oxidative process by reduction of the oxides back to a more soluble form.

    I am betting CTM (or a partner) will prove up a viable JORC resource, either stand alone or in combination with a known, or as yet unknown nearby deposit, and will develop a very profitable mine, one way or another.
    Last edited by JandJ: 13/06/18
 
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