Link to the PR here
Some points that I've noticed:
They still go on about it being a flat lying disseminated deposit. I disagree with this, as you have read in early posts, I feel that it is horizontal, low grade disseminated halo around vertical, high grade veins/stock work.
Here is a photo from Sandra Escobar the La Posta Stock work
|Not many horizontal veins!|
However, in the PR they give us 2 important pieces of information
- The different metallurgical sample grades (50, 100, 150, 200, 250g/t Ag)
- Different grind sizes (i.e. the sizes of the particles being tested - 75, 106 and 250 micron).
Sample gradesThis is good, I explained before that a common trick is to just send high grade ore for testing, and this often skews the results as high grade ore is typically significantly different from low grade ore. Here are some photos from Sandra to demonstrate:
|They look different, and they will have different metallurgical properties.|
So reading between the lines:
- 50 g/t Ag - this will probably be the lower cut-off used in the upcoming resource calculations
- 250 g/t Ag - this material will probably be dominated by veining or disseminated mineralisation very close to the veining, so will have different metallurgical properties.
Grind sizes.General rule of thumb:
- coarse grind (e.g. 150 micron) - poor recovery due to poor liberation (i.e. unable to recover the very fine grains and encapsulated mineralisation).
- Fine grind - good recovery, but more expensive grinding costs, lower mill throughput
|From Runge et al (2013).|
|The finer the grind, the higher the cost|
If you look at the sizes selected by Orex (150, 106 and 75 microns) that immediately tells us that the silver cannot be recovered by a heap leaching (particles sizes from 12-100mm), they need to crush and grind the ore to recover the silver.
My guess is:
- low recoveries (around 55%) from the 50 g/t zone
- good recoveries (around 75-80%) from the 200 and 250 g/t zones
Time will tell
A body can almost make book what these turds are gonna pull eh? Wonder if they read this blog. In the news lately is a hedge fund going public about Asanko Gold Inc. - AKG.tReplyDelete
Naturally we profiled this baby to keep an eye on it. Unknown the degree of merit in the arguments, if any.
Further to this AKG.t matter and after reading the shorter's poop briefly the concept of "reduce the influence of barren/NSR intercepts." might be a good un for this space some day. It's appearing, so far, that these boyotards juiced their numbers stupid by ignoring their dusters.ReplyDelete
Hello Ace, they included a nice figure in their article (figure 11). if you compare the size of the blocks from the historic mining, you can see that they are a lot smaller than the blocks used by AKG. If you do that, all you are doing is blending the high grade into the low grade and result is that a resource model is created with lots of big (mathematical) medium grade blocks that once they go through the mill (this is the ultimate truth machine) the amount of gold produced is suddenly much lower.ReplyDelete
I'll see if I can find a few examples to show it visually.