More on Tom Harper's questions:
"any reason to think the other grids...etc"
"odd that platinum grades"
"Too good to be true."
Way back ... when the company was using rhodium as a collector
and was releasing strong #s and incurring the derision of
TSE, AZ Mineral Bureau, and TNM....a 100' deep 9 hole program
gridded about 12 sq km's (a rectangle about 3k by 4k w 9 holes,
3 on top, 3 across center, three on bottom) and all of these
holes graded out consistently with just about all other holes
dug to then using this rhodium basedmethod of assay, i recall.
IPM's current results (circa .28 au/opt) are actually a bit
stronger than the rhodium results of yesteryear. IF the 8 wk
prog delivers a precip that holds up the recently released figs,
then optimism relating to the additional grids will be
advisable.
Platinum: I am no expert on Pt, to say least. IMO,Pt recoveries
(thru refineries co mentions as being involved in discussions
on purchase of precips) are probably more key than assay
figures just because pt is more controversial and as a
metal can sit in recovery circuits for months before finally
emerging. I have heard the plat assays from lab 2
were delayed due to some probs at lab 2..but not probs w the
material. some other bottleneck. An additional reason
support from physical recoveries is possibly important
is that some of the nattering nabobs of negativism blithely
opine that misreading some non precious reflection via AA
and calling it pt has been known to happen.
"too good ...etc" Le Furlong notes in one of his recent
President's letters that success in the 8 week program,
success with BRX, will change mining (and mindsets) signifi-
cantly. I think the point is: it certainly would. In
theory each ton of brx dirt holds about a quarter oz of
gold. Based on earlier work, could also contain at least
equivalent amount of pt. Current test work is heading from
one assay ton to a half of a real ton over 8 weeks. The
facility can apparently run 7 real "half tons" at once.
Personally I'd love to see a 3500 lb run as coda to the prog.
If a gold refiner can then run the precip and refine to
the grades we have just seen... will be very tough for
anyone, any entity, any country, any exchange, etccc to
continue to hoot and snort at this as smoke and mirrors..
so this 8 week program with a few beyond that to dot and cross.. is
kind of exciting nail biting time for us true believers..
At the end of the day, the "too good to be..or not to be"
question should be finally and conclusively answered.
If it works, the co should be worth more than 7 or 8 bucks/oz au
in ground on first grid to 100 feet. IMO (and IM prayers as well..) |
