Great info. Thank You. I’m sure GBM wants to test effectiveness...

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09/12/20

16:20

Post #: 49459632
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Originally posted by Big Poppa Pump: ↑

In their announcement on 5/10/20 "First Gold Dore Produced at White Dam", they state the following:

"The SART Plant is meeting its design objectives of removing copper and increasing the recovery of the cyanide solution back into the circuit.."

Additionally, they picture what appears to be >12 bulka bags of copper concentrate in that announcement (which was all the way back in October after only running for ~3 months). The way SART works is for every unit of copper dissolved with cyanide, it precipitates it back out as copper sulphide and releases the cyanide that was consumed when dissolving the copper. If you assume there is 500 kg of Cu2S in each of those bulka bags, then that is several tonnes of Cu2S already removed from White Dam's leach solutions, and thereby a fair amount of cyanide recovered. But we ultimately need to wait for an official figure on their copper produced in the next quarterly.

If you are interested in the SART process, this is a good paper: https://sci-hub.se/https://doi.org/10.1016/j.hydromet.2018.01.011

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Great info. Thank You. I’m sure GBM wants to test effectiveness and ultimately economics before exercising their buy-in for the rest of the project. if this becomes the cash flow generator as hoped then GBM should have a very bright future. Also looking forward to an update on the Malmsbury exploration with Novo in the coming weeks. Might be compelled to buy a bit more soon as this is likely the lull before a series of news

GBZ Price at posting: 14.5¢ Sentiment: Hold Disclosure: Held
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