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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: TheBusDriver who wrote (58)10/1/1996 8:13:00 AM
From: Eric Tai   of 35569
 
Wayne, interesting. You said that Naxos is using similar extraction
process like IPMC. As far as I know Naxos is using Dr. Groves'
thiosulphate leaching method which is also used by Kilo Gold. I
understand that initially IPMC was using a few other leaching methods
including chloride leaching. But in the Jun 4 ,96 news release,
it said that its Process Mineralogist Dr. R. A Creelman was using
a Knelson concentration to get a better recovery rate.
The bulk sampling test they did in the Jul 17, 96 news releases also
indicated they were using a concentrator to seperate the material
by weight and density. So it seems that they are now trying to
use a completely different method from NXR. Am I missing something
or do you know that they are going back to the leaching method?
Please elaborate their similarities.

The other thing is that I think ASE is checking on the assaying method of NXR -- not the recovery method.
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