Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (14874)	6/30/2006 5:49:24 PM
From: jackjc	Read Replies (2) \| Respond to of 78412

EC I have a position in ASM based on getting the mine re-started, which I think can be done quicker than the tailings. But I recall you had an idea or two regarding working tailings, but thought the market was not as receptive to that type operation, and cash harder to come by. Has your take on this changed or do you have something economic at todays metal prices in mind ??

To: E. Charters who wrote (14874)	7/1/2006 2:05:52 AM
From: E. Charters	Read Replies (1) \| Respond to of 78412

Rereading this I see some components my eye had not settled on. 1. the tailing is oxide. I presume that means that it may not affect cyanide in a deleterious way. 2. the tailing need to be agglomerated. This is presumably to overcome blinding rivulet effects as may be created by a clay and minimize absorption times. 3. there is a fairly high capex to the operation of 16 mil. If it proceeds throughout the year, then it is only 1500 tons per day. Heaping smallish amounts of ore like this should cost less than that. If leach times are 45 days per heap, then 60,000 tons need be heaped at one time more or less. That is 8 1000 foot heaps 28 feet wide, and 11 feet high. You need a mixer, truck, stacker, pads, piping, collection tanks, and Merril-Crowe plant-precipitator. This imho should be a lot less than 16 mill worth of equipment. Perhaps it could be done for half that. Work-ups I have in hand do point to a similar cost to handle tailings as far as throughput is considered, however. EC<:-}