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Gold/Mining/Energy : CCB vs ZEN truth board

ZEN.V 1.120

-1.8%

Jan 23 9:30 AM EST

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From: Shoto	12/30/2015 10:03:34 PM
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There will be NO PFS started for ZEN in the near future. There cannot be. In RPA's own words, there is too much to be fixed before it can be started. Not my words. RPA's. Here they are (Page 13-9 of the tech report) "In RPA's opinion, the metallurgical testwork....has focused on achieving purity and not on optimization of the process." "Waste streams and water consumption need further definition." "the metallurgical variability of the deposit requires further evaluation." (a biggie) "The purification flowsheet....requires investigation of corrosion risks, handling of material from several different process streams, and extensive solid-liquid separation. Further optimization testwork in purification is recommended...to confirm the robustness of the overall process design and reagent consumptions. Analysis...of process wastes....are necessary to determine how to dispose of the materials. Stages of larger scale testing are recommended to confirm laboratory bench scale tests and include: *Mini-pilot plant testwork program* *Larger scale pilot/demonstration unit at an advanced level of study"* So RPA says further work is needed on: All that waste produced (40% Drano and acid) Read: enviros are undoubtably in there. Testing more of the deposit for ore variability (need more drilling for that in more areas) Need pilot plant to confirm bench scale purification work. And more met work of course. Read 13-9 of the tech report - its ALL THERE. That stuff can't be done by RPA, and they would be the ones to do the PFS. They need things done on a larger (realistic) scale. So ask yourself this question - When do you think that stuff will be done so the PFS could be initiated? Maybe PFS started next fall? Maybe? Are some of the things happening starting to make sense now? Shoto

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