"My experience with CDV last year taught me to focus more on metallurgical risk. Again this appears to be something in the favour of GCY/CMM."
From various WAF presentations .
High recoveries 96%, gravity up to 50% (at the high grade M1 deposit). Not sure how extensive testing here is though.
Conventional CIL and gravity processing, 91% LOM recovery (at M5 open pit) and "free milling sulphide ore at depth"
A National Instrument 43-101 (NI 43-101) Technical Report (Technical Report) detailing the Open Pit Feasibility Study has been filed in Canada (7/4/2017) on the SEDAR website which I'm sure will contain more details about the metallurgy. I doubt there are big surprises with WAF like we saw with CDV.
The economics of the project will likely be enhanced by the deep high grade drill results at M1 and the drill-out should end up producing a fresh FS (revised) for the project. Esh
(20min delay)