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Gold/Mining/Energy : PolyMet Mining Corp POM.V (was Fleck Resources) -- Ignore unavailable to you. Want to Upgrade?

To: GWalker who wrote (686)	8/18/1999 8:08:00 PM
From: Chuca Marsh	Read Replies (1) \| Respond to of 708

Nice find, By George. O'Kane Consulatants says $8.11 cost per T, so with the new $18.15 Tonne we are at a GREAT PROFIT RATION. Keep on testing, maybe the 10 bucks profite can go up, in Jan 2000 tests...why NOT! <<..Processing assumptions incorporated in the analysis of alternatives include: 1) the grade of ore (millfeed) and associated recoveries, as determined in previous testing at Lakefield, would be as stated in the table below; 2) ground ore would be processed in a flotation circuit to produce 1,200 tonnes/day of bulk concentrate; 3) the concentrate would be pressure leached in autoclaves at 220 degrees Centigrade; 4) PGMs and gold would be recovered from the leach solution; 5) copper would be recovered as LME grade copper cathode in a conventional copper SX-EW circuit; 6) nickel and cobalt would be sequentially recovered by solvent extraction, followed by electrowinning of nickel to make cathodes, and the precipitation of saleable cobalt sulfide. Copper Nickel Cobalt Platinum Palladium Gold Ore (millfeed)...>> Chucka