RE: RE: Gold recovery aka deadlly pup:
Yes point well taken PB. You of course are 100% correct with the anomalous gold or more likely silver statement regarding recovery. Barrick on one Argentina property recovers less than 10% of their silver content, but over 87% of the gold.
However I would point out that I was referring to gold/silver in the Athabaska basin with which I have had considerable experience in assaying and metallurigical recovery. ESO is in prime territory there. Because of the matrix of those particular ore bodies, I have found recovery rates well over 90% and closer to +95%. It is wise to keep in mind that there are always exceptions to the "rule".
I would venture to guess that ESO properties would also have a high % recovery from that area since their properties are more or less extentions of producing ore bodies of similar composition and with good gold recovery......... however your point is well worth considering and critically important as there are ore bodies having extremely complex makeups and though having high gold and metal content cannot be commercially mined........as yet!! There are a few such properties north of the Manitoba border region.
There in lies the "trap" for the un-initiated investor that does not do his own DD. It is very tempting to invest in a company bragging 40.0 gpt, only to discover that recovery costs are higher than value presented or that cannot be recovered at all. The above emphasizes the importance of knowing metallurigical results in mining investments!
Good call PB
Solver