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If you are going to try and rubbish something or cast doubt do not make sheet up that can be easily fact checked!!
Nothing to do with not being able to process their ilmenite and more to do with having a lot less then they thought!! Not a problem here!!!!
Mmmm quick search for Bluejay
Despite all the work carried out over the last 18 months to improve and de-risk the project development concepts, the downgrade in tonnage and grade provided by the MRE has led Bluejay to decide that Dundas does not present a viable commercial development opportunity for the Company. Bluejay will not commit further cash to Dundas whilst it considers strategic and commercial alternatives.
The cores are at the lab, that has been RNS'd and the metallurgical and petrological results will be published when ready! All in the public domain and its all happening there is nothing to hide!
SB has stated in the crux interview he sees no problem with processing just selecting the best solution for the product(s) they will market.
Empire Metals Ltd's house broker SP Angel says it is too early to guess the value of the titanium at its Pitfield project in Western Australia, but the scale of the finds so far is impressive.
In a note, the broker said: “The scale of the potential titanium deposit looks unlike anything we have seen before with a strike extent of 30km and a 5km deep keel identified by coincident magnetics and gravimetric geophysical surveys".
This week, Empire reported more wide intercepts of titanium though the company believes there remains the potential for alternative mineralised deposits on the project, including copper, gold and nickel.
SP Angel also said it is interested in the other metals, such as copper, that the hot mineralised fluids which formed this massive hydrothermal metal system might have carried and deposited across the district.
Pitfield is potentially one of the world’s district-scale sediment-hosted metal deposits, the broker added.
“Many of the world’s major mining camps are built on giant sediment-hosted hydrothermal metal systems with Pitfield showing similar characteristics.
“Examples are the Central African Copper Belt, Athabasca Basin Uranium in Saskatchewan Canada, Red Dog Zinc-Lead District in Alaska, and the Carlin Gold Belt in Nevada.”
Should be alright for them down under!
The thinnest crust (25 km) occurs in the Archean Yilgarn Craton in Western Australia; the thickest crust (61 km) occurs in Proterozoic central Australia. The average crustal thickness is 38.8 km (standard deviation 6.2 km).
Would it be fair to say the Century guys are expecting copper from either pitfield, Stavely, Walton or all three???
(i) an amount equal to 1% of the Shares on issue immediately prior to Empire first announcing no later than 5 years after the date of acquisition that exploration drilling on any of the Projects determines multiple (more than 2) intersections exceeding 30% Cu metre or 50g Au metre; and
(ii) an amount equal to 2% of the Shares on issue immediately prior to Empire first announcing no later than 5 years after the date of acquisition a Mineral Resource in the inferred category or better compliant with the JORC Code 2012 exceeding 250Kt Cu metal equivalent in relation to any of the Projects,
Https://twitter.com/Soulbythewater/status/1728804276246352378?t=fZKaUevxcI88_Lu3ey5lWg&s=19