TILLICUM + COBALT Historical Report - 1980
Tillicum Cliams
Money Pit
BULK SAMPLE ( trneching + muck )
20 tonnes
What were they looking for ?
Gold of course.
Gold ores are different than, cobalt ores.
Cobalt ores tend to run with, coppers, zinc,
salt minerals, silicates.
If gold is ( allocated ) to specific ores...
Then... outside these gold ores would reside
= skarns. ( also considered as, sediment clays )
( secondary meta depoists )
Skarns or tactites
are hard, coarse-grained metamorphic rocks that form by a process called metasomatism. Skarns tend to be rich in calcium-magnesium-iron-manganese-aluminium silicate minerals, which are also referred to as calc-silicate minerals.
What's my hunch ?
Ores outside of, gold ores...
would have far higher values = zinc, cobalt.
Let's look at what cobalt values are in the gold ores...
Page - 26 -
https://apps.nrs.gov.bc.ca/pub/aris/Report/09455.pdf/
MIN-EN LABORATORIES
705 West 15th Street
North Vancouver B.C.
Cobalt = 0.002 %
Just under 1/2 pound per tonne
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Keep in mind.. .i have recently seen nickel juniors
tacking on - 0.0002 cobalt values.
trying to up their nickel grades .
that's 4 decimal place percentages.
tillicum is only to the3rd decimal .
But my hunch says...
those pinks and purples inside of mine...
were never tested...
only looking for gold ores... lol
2200
x .0002 ( added decimal )
= .44 lbs ( almost 1/2 pound / tonne
So there you have it - COBALT - presence.
Explain why i tohught there was, cobalt in the
Tillicum mine videos on youtube.
Significant - pinks and purples...
inside of mine -
Notice how these ores were " left " intact .
They were only seeking - gold.
Hence... the limited assay knowledge on, zinc and cobalt.
Let's pull some pink and purple ores - REASSAY...
My bet is.... far higher grades than selective gold ores
perhaps far higher in zinc and cobalt - outside the gold - zones.
None of mgx's claims were ever ( fully scrutinized )
Meaning - never saw... high end assaying.
just basics...
64 micron is of the order ( not 74 micron like most labs do )
64 micron goes one extra step - disseminating the
minerals - liberating one from another -
ICP MS
would work wonders
this assay method - looks at the ( ion ) values.
hence.. ICP MS - ain't no fire assay where many minerals
can still melt together - go undetected do ot a optical or
other spectrometry that misses every - ion.
Thus... decreasing percentage or ppm, considerably.
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What are Cobalt prices today ?
$48,874.36
So, why did someone want ot revoke
the explore license of the junior for
Tillicum ? ( lol )
That's like... placing a massive rock in the middle
of the road so vehicles can't get by.
Correct ? Yeah... but i have another name for it.
Sweet Jeesuz...
even a small amount of gold pulled from this
very rich grade ore - would help fund a junior.
some reports sujest....
2 / oz a tonne.
One of MGX's press releases stated - 6/oz
HYPOTHETICAL -
10,000 tonnes ( BULK ORE TEST ) small permit
sniping - high grading - 2/oz per tonne
= 20,000 oz ( take a 1/2 year ) to do it.
x $1,000 ( profit ) expeses taken away
= $20,000,000.00 usd
x1.26 cdn
= $27,200,000 - cdn
Or.... what if ores outside the gold zones...
produced - .05 % - 1 % cobalt ?
to me... looks like there's far more of those ores
than the gold ores inside of mine - based on the videos.
Snipe 1% cobat... pull only cobalt rock -
let's see what it would amount to...
2200 - 1 tonne
x 1%
= 22 lbs / tonne cobalt
= $22 usd per lb
= $484 usd
10,000 tonnes
x $484 - 1% cobalt ( worth ) melt value
= 4,840,000 usd
x 1.36 cdn
= $6,582,400 cdn
One would need to - snipe - and formulate a
head grade of - 6 - 7% - ( 10,000 /t ) bulk sample
to make a comparable with - gold
22 lbs = 1%
132 lbs = 6% ( high grading )
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Drill money - drill more of tillicum - tack on cobalt, zinc + gold
Assay money - retest old cores for cobat - zinc ( preferably skarns )
Money for - medium scale furnace - for - silicon or magnesium.
Ideas...
Cheers....
p.s.
i took screen shots of the cobalt assays ...
wink.