RE: This time next week...9 Jan 2021 21:26
See the SGZ example below. Had alba had one worded like this the sp may look very different.
To date the Company has generated approximately 17 oz of refined Scottish Gold, which has been produced by the use of gravity methods (tabling) to extract approximately 40% of the "free gravity gold" contained within the gold rich galena concentrate. Given the limited processing facilities available for the BPT, this has proved an achievable but labour intensive process.
The work undertaken by SGS and Wheal Jane has now demonstrated that virtually 100% of the gold contained in the galena concentrate can be extracted by cupellation (a thermal process), using Wheal Jane's facilities in Cornwall. Further trials at a production rate to match the BPT output are now underway, however the significance of this for the Company is that the Edinburgh Assay Office is expected to be able to establish and certify a chain of custody including Wheal Jane and our refiner, Baird & Co. (who have already been audited). As such the Company will be able to supply greater volumes of gold of proven provenance to the Scottish jewelry industry in the next phase of our marketing strategy.
As at 26th October the BPT had generated approximately 300kg of gold rich galena concentrate, containing approximately 77oz of gold (inclusive of the approximately 17oz refined gold already extracted by tabling) from the same approximately 1,100t of feed material as discussed above.