Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
April 2021 RNS
Long term analysis of a sample load of spoil heap material from Mineral Jackpot by a metallurgical laboratory in the UK has now been completed and it has been concluded that gravity separation will be the most effective and economic means of recovering commercial quantities of gold and silver from the spoil heaps in this area. Under test conditions, material which was ground to a diameter of 0.35mm liberated 50% of available gold and 40% of available silver, further improved when the material was ground to 0.25mm, which yielded up to 140 grams gold and 20,000 grams silver per tonne processed. Following the laboratory results, Cyanide leaching is not recommended, due to greatly increased costs and a much longer lead time for commercial development which would deliver only a marginal increase in recoveries, and the Company will therefore proceed with a gravity separation project.
Things have moved from this due larger volume spoil heaps identified elsewhere and grav sep is now more viable, yet not many took this RNS seriously.
In no way am I expecting grades to be anywhere near to those results real world as they were in test conditions, but one can always dream.
Do we have any comparison miners who have similar resources to ours ?
In that early production planned from 51 spoil heaps, potentially covering 14,000 m² with only having to transport straight to JV processing plant without the need to Mine.
Very good risk reward at this point with multiple results within the next 2 months, very unlikely to miss the target on all of them.
35mcap once processing is established and running,
Yet we have JV and plenty of Assay results Inbound also.
I believe we will get another raise this year but not at these levels. The share price will increase the nearer to start up for drilling season. But with so much going on with multiple projects its difficult to see a downside from where the share price is at present.
Bonanza grade for the next drilling campaign please.
With limited Pr, news gets forgotten, but over the last 12 months the company have only progressed further with every plan Brian has implemented. The RNS of 1st April of last year was never fully taken on board but we now know we have even greater volumes at Mineral Jackpot now.
Next warrants are at .30, Director purchases at .10, Director Share options at .12.3 and can only be exercised from a point of 50% uplift. No placings imminent as funded for drilling campaign this year. Drilling campaign, copper JV and processing updates all to look forward to. 4mcap is madness.
I'll take my chances and hold till 400+ and slice thanks. You've changed from strong buy to strong sell in two weeks
Fuktard.
They've got to move it up at some point.
Buys most of the morning.
I see x16 100k clips bought in 15 mins
N/T lmao
Insults have started early.
New to the platform ?