RE: March 9th?... re: ADR construction completion and commissioning... construction complete 'early in March'... that's anytime in the last 9 days... producing first dore... 'process itself can take a week to a week-and-a-half'... that is sometime in the next week... test pour I know but significant progreess IMO.
Feb 24th CC:
Jim O'Neil: ... This brings me to the ADR (adsorption desorption refinery) construction. The ADR construction is moving along well. We have all the major components onsite and we expect construction to be completed early in March, so we can begin to run solution, troubleshoot, and complete the startup testing by the end of March and begin the process of producing dore.
Now, let me talk you through the process a little bit. Assuming that we have sufficient gold on
carbon to process through the ADR, the process itself can take a week to a week-and-a-half to actually produce a gold dore. This, then, has to be shipped to a refiner, assayed and refined, which can be another two to three weeks. As a result of getting the ADR into production cycle,
there can be a three to five week process before we actually receive payment, just to give you
an idea of the timing there.