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Strategies & Market Trends : Ride the Tiger with CD

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To: ogi who wrote (22692)12/2/2004 9:00:18 PM
From: hank2010  Read Replies (1) of 312654
 
Something does not sound right here Ogi:

"The drill results are slow because they have been shipping core to the lab in Ireland from Slovakia. Slow, slow shipping. The Irish lab was very reliable for Currinaughlt but they are weeks behind with the Kremnica assays because of silver.They did not assay for silver in N Ireland so did not foresee the Irish lab's delays with silver in Kremnica core. So slow shipping and slow silver assays.Gary S had worked for Argosy and helped get the Kreminca property deal for TVC. He is not aware of an accredited lab available in Slovakia but did comment that Argosy went to a lot of trouble to have a sample preparation lab when they worked the property to make shipping easier and speed the assay process. TVC just ships to Ireland".

I assume they are doing fire assaying. (If they are not I would be real nervous!) The procedure for fire assaying involves inquarting (placing a known quantity) silver into the melt. The assayer ends up with a gold/silver bead consisting of gold and silver. The bead is weighed. The bead is then dissolved in nitric acid. The nitric consumes the silver in the bead, the residue is annealed (heated) to drive off the silver nitrate and consolidate the gold into a bead. The gold bead is weighed in gravimetric assay finish (dissolved and tested with AA machine with AA finish). The assay value for gold is a direct relationship to the weight of the gold bead. The assay value for silver is in direct relationship to the weight of the original silver in the gold silver bead, minus the weight of the gold bead, minus the weight of the inquarted silver.

The reason for the inquart is to ensure there is enough silver in the gold-silver bead that the nitric acid will make contact with and dissolve all of the silver (not enuf silver, their may be silver encapsulated by the gold that will not be dissolved.

There should be no delay in the silver/gold assay vs the gold only assay except for the time it takes to record a weight, do a subtraction calc on the calculator and record the result. And most assay offices do the calcs with a computer program. Something sounds real phony!
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