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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU)
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To: Ian McCartney who wrote (2670)2/6/1999 10:58:00 AM
From: Karl Zetmeir  Read Replies (1) of 5143
 
Hi,Ian ... and welcome to the thread.

I'm not a geologist ... but as I'm interpreting a couple of your questions:

1.)The concentrate recovery assays are the assays performed by the refiner on the concentrate. Essentially, these are the grades they expect to obtain in the extraction, and I think they may keep anything over and above these numbers.

2.)I haven't followed through the calculations myself, but I do recall they were back calculated to the head ore. So indeed the opt reported are the head ore grades.

I think the 500# bulk test might have actually be a few pounds over which could affect the calculations people are following.

The important thing is now the bulk assays have been made ... we are surely just days away from pouring a dore bar.

For our friends not familiar with a dore bar, it is a bar of metal t containing all the metals recovered from the concentrate.

That dore bar will then be drilled to obtain small cores. There will be 3 cores taken from the same dore bar and I think those samples are sent to 3 different labs.

Finally getting to pour metal, and produce a dore bar is a major milestone for MG and my congratulations to Mike and Jeanne and the Crew for nursing this project along.

And for Mr. Desert Fox (aka Laser) and Tim Hall ... don't you agree, in keeping with Valentine's Day ... that this is simply an a-dore-a-bar<G> event? I know you'll be toasting MG's efforts along with the rest of us come 2/14!
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