what and when, page-214

First 214 Last

Share
Profile

Follow
ozbucheron

1,565 Posts.

341

02/11/18

17:25

Post #: 36372616
Share

Originally posted by domain: ↑

One thing that struck me looking at the Historical Tailing results was the wide variance in grades. With some up near 500GT!

When I looked at the table there were heaps of low ones and I was surprised to see a 13GT average, But of course it doesn't take too many big ones to lift the average.

That got me thinking- If the majority of the really high grade areas are going to tails. The true dilution could be way higher with current plant. As the trial only tested 28GT dirt.

That is- you need those really high grade areas to be recovered at the 30% the plant has been running at. But maybe the high grade areas are doing even worse than other areas? What else could explain 500GT in tailings and an average of 13GT.

If true maybe a third party is the only chance unless improvements catch this high grade dirt.

Just a theory and I'm obviously no expert but would be interested in views of holders/miners.

"Some of the highest grading tailing results occurred only oneweek before an important gold pour in early October 2016. These results included tailing grades as highas 278 g/t, 324 g/t, 388 g/t, 406 g/t and 514 g/t. These results may have been affected by the nuggetaffect but the fact that they occurred so close to what was a disappointing gold pour at the time is interestingand something we had not been aware of."

Expand

"you need those really high grade areas to be recovered at the 30% the plant has been running at"

from where do you get the 30% number?

What were the head grades when they were supposedly throwing ounces per tonne into tailings?

OGX Price at posting: 1.6¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

DVP

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Is oil undervalued?

VMS

Venture to sniff out high-grade REE targets at Jupiter project, WA

BOE

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

WGX

Westgold sets its sights on top five producer status through merger with Karora

VMT

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

NXG

Cost blow-out for Rook I uranium project sees share plummet for NexGen

GRX

GreenX picks up prospective copper project in Germany

MGU

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

There are more pages in this discussion • 18 more messages in this thread...

First 214 Last

Add OGX (ASX) to my watchlist

what and when, page-214

Top Stories

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Is oil undervalued?

Venture to sniff out high-grade REE targets at Jupiter project, WA

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Westgold sets its sights on top five producer status through merger with Karora

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Cost blow-out for Rook I uranium project sees share plummet for NexGen

GreenX picks up prospective copper project in Germany

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Featured News