Ohhh, Timmy...Tim...Psast- have we ever seen a Desert Dirt Number like this out of maxam recently....obove ONE OPT...this was not Chitty Tested or Carbon RECTIFIED from the Sour Dough Bread Batch, or was it? RE:
Surprise, ONE ...Blue...ONE...Blue...blow my sails and shiver me timbers:<<<..http://www.maxamgold.com/
Based on drilling and assaying results, in December 1996 Hewlett Mineral
Management reported proven ore reserves of 6,666,666 ST grading 0.053 oz Au/ST
and containing 353,333 ounces of gold. These reserves were based on a gold price
of US$375/oz; cash operating costs were estimated at approximately US$142/oz.
Subsequent reverse circulation drilling encountered extremely high grade gold
intercepts: one hole intercepted 1.20 oz Au/ST from 0 to 20 feet and an average of
0.51 oz Au/ST between surface and 99 feet.
PROCESSING THE ORES (The Maxam Recovery System)
Maxam Gold has developed a proprietary, environmentally-safe, chlorine / bromine
leach process to recover gold and silver from the Peoria 7 andPeoria South ores. In
pilot-scale and bulk test, ores are ground in a two-stage process to -200 mesh before
entering a closed-loop, multi-stage leaching system. The pregnant solutions are then
sent to an ion exchange circuit for metal recovery.
The mill tailings are then washed / neutralized and then returned to the pit (the leach
solution is filtered, reclaimed and recycled through the closed-loop process). The inert
tailings will be used to back-fill the open pits, allowing Maxam Gold to truly minimize
the environmental impacts of its mining operations. The net result of the Maxam
Recovery System is faster material handling, greater gold and silver recoveries, and a
more environmentally-friendlyprocessing method than is the case with traditional
cyanide or other extraction methods...>>>
Chucaupt1
PS- MM thanks, very much, nice wright up. thar be Right Whales Thar in Thar Blue! Write a note to file- BUY MAXAM SHARES TOMORROW! I am going to Disney....here I am going to rent a blockbuster Video...something with BLUE in it! |
