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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: LoneClone who wrote (9322)4/19/2006 12:22:37 AM
From: E. Charters  Read Replies (1) of 78417
 
No, not for 100 years.

The only mill to get permitted to mill Molybdenum in the last 100 years in Ontario is the Roxmark mill in Beardmore.

Each moly ore has to be separately tested and permitted. This process takes at least one year. In the case of Roxmark it took two. This was because of a mistake on the part of the first lab they went to, who were unfamiliar with the way the regulation on acid mine drainage was to be interpreted.

The nearest ball mill to Renfrew that works on any ore is in Kirkland Lake Ontario. I own a molybdenum property in Quebec with a mineable resource of 300,000 tons, and it can find no mill within 350 miles to process its ore. The shipping cost is prohibitive at the grades we have.

EC<:-}
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