Was there any talk of exec rem? Given thats a large chunk of where $$$ has gone in the past?
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Was there any talk of exec rem? Given thats a large chunk of where $$$ has gone in the past?
That makes alot more senceBluemanarc; Maybe I'm a bit slow :sleep:
So as an aveage from the two batches sent away, it is:
4 ton of ore to get 1 ton of concentrate that gives them 233g/t of gold from the ore 865g/t of silver a hell of a lotI think i now understand the importance of the polit plant and why it will never see mass throughput through it. bring on the full production plant I say. By the time they get it they will have all the key areas assessed and know exactly where and what ore to process.
Noted that it is likely that they have not put 4 ton through the pilot plant.
From what I gather via comments on here after the AGM the pilot plant is very much in test mode only doing very small batches i.e. just under 5kg of ore would produce the 1.2kg of concentrate they had on show.
8kg would produce the "2kg batch of centrifuge concentrate is being assayed and prepared for dispatch to a Major New Zealand based concentrate end user for testwork to form the basis of a commercial off take agreement"
Even with cheery picking the Ore that is extreamly Hi recovery rate IMO.
Hopfully they get to that stage without been brought out as I see the upside of this being huge.
Gold is back on the rise to over $2,400 heading towards $2,500.
We can't be far away from further assay results and other activity progress. And POG still hovering around $1500usd
Why is it taking so long to have additional assay results released and when they are I do hope that there is more detail released to give a fair idea as to the gms per tonne from the very small sample?
Yes, so much news needed:
- more assay results, as first concentrate was sent away ten weeks ago
- more info on progress with discussions with the "... Major New Zealand based concentrate end user for testwork to form the basis of a commercial off take agreement"
- plans for pilot plant scaling up
- conclusion of assessments of enquiries regarding alternative potential treatment options, which has been hanging at the end of quarterly repoots for a long time
- agreements with Terrafirma on commercial plant term sheet "An update will be provided to shareholders by the Board shortly) <- that was three months ago.
The Quarterly activities report is due out the end of this month
Where is the gold? Show us the gold! The GOLD! :eek2:
https://www.rnz.co.nz/news/national/...pand-gold-mine
Maybe the Political risk for NTL is overstated. The above link certainly shows some common sense being displayed by the Coalition. NTL by comparison to Waihi is about as green as you can get.
In my view this is very significant.