From ISRI new release on 13 August :
""6. Total Recovery over one ton of headore is .812 oz. Gold, 1.359
oz. Silver, .044 oz. Platinum and .019 oz. Palladium. ""End of Paste!
Now:
PMTU-Nil news but Thread has this: below
go2net.newsalert.com
Oct 11 :
Patented Production of Pre-Processed Ores Begins
98/10/06
Robert F. Flaherty, President, and Diana Lee Flaherty, Chairperson of Phoenix Metals
U.S.A.. II, Inc. (the "Company"), are pleased to announce limited, full-cycle production
of gold, silver and platinum group metals from pre-processed head ore utilizing patented
and proprietary technology along with standard recovery methods. The principals of the
Company earlier assigned the use of the basic patent to the Company for the extraction
of silver, gold and platinum group metals from refractory volcanic ores. The continuous
smelting capacity is initially established at 2 tons/per day of dore' with a three shift
operation. Current production consists of one line with a single shift. A pre-production
contract is being arranged for the financing or sale of dore', produced gold, silver and
platinum group metals.
The Company is in the final selection process for the retention of a national accounting
firm and an experienced management team has been organized. The Company has
initiated action to re-incorporate in the State of Nevada. A copy of the Company's
financial statements for the fiscal year ended June 30, 1998 is available by fax or written
request to the Company.
The Company earlier contracted for the design of its new internet web site for investors
and interested parties with a launch date anticipated in approximately two weeks. This
announcement will be made in a follow-up news release. For those shareholders who
have inquired, all Company computer systems and systems software handling control
and accounting functions are configured in a modern PC and PC network environment
and are fully Y2K (Year 2000) compliant.
Management is pleased with the recovery and consistency of its recent control assays
obtained from the commercial dore' metal pours, and the refinery is now producing
several hundred pounds of dore' metal per day on a regular basis at this writing. After
observing production results over a stabilizing period, the Company will release results
from the production of precious metals.
The Company will move its headquarters to the new leased offices around the beginning
of the New Year. The Company will occupy 3.200 square feet of office space in the
new Sir Williams Court complex at 801 Rampart Blvd, in the Summerlin area of West
Las Vegas. We look forward to
Now Global Aug 13th:
SALT LAKE CITY, Aug. 31 /PRNewswire/ -- Global Platinum + Gold,
Inc. (OTC Bulletin Board: GPGI). The board of directors is pleased to
announce that ramping up of its current production of gold, platinum,
palladium and rhodium is being implemented. Late last week four additional
resin tanks were successfully installed which will double Global's resin
processing capability. The benefit of this latest addition should show itself in
the weekly resin shipment to Sabin Metals scheduled for the week of
September 7th. (Global made its fifth consecutive weekly shipment on
August 24th and the sixth is being made this date.)
Additionally Global has ordered, and paid for, additional equipment
including twelve resin columns along with all necessary plumbing, fittings,
pumps, tanks as well as all ancillary equipment required for supporting four
additional resin systems bringing the total number of resin systems up to six.
This will eliminate our present bottleneck, which is our inability to fully
process the fifteen-tons of leached ore per day through the resin columns.
Recovery, resins and dore...seems like the desert is Blooming.
Chucaupt2( wonder if recoverys will come in consistant for gold at .66 to under One OPT and a smidgen of PD and PT at say...0.02 OPT to start
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