RE:RE:RE:RE:RE:ICG Valuation blue
""Hmmm .... 10 million ounces x C$200 = C$2 Billion ...... AEM & ELD could afford this together with a 50/50 JV.""
Read more at https://www.stockhouse.com/companies/bullboard/v.icg/integra-gold-corp?postid=24582377
blue, I am hearing AEM can add value to any gold discovered at the Lamaque Deeps.
The Agnico Eagle Goldex underground mine and processing plant are located in the city of Val-d’Or, Quebec, some 60 kilometres east of the LaRonde mine. This proximity allowed for operating synergies between the two sites.
The Goldex mine has execs capacity that can be used after they were forced the shut down owing to water inflow and ground-stability issues, mining in the GEZ was suspended in October 2011.
The Goldex underground mine and processing plant are located in the city of Val-d’Or, Quebec, some 60 kilometres east of the LaRonde mine. This proximity allows for operating synergies between the two sites.
Processing
The Goldex processing facility starts with a two-stage crushing process, followed by a two-stage grinding circuit that comprises a semi-autogenous grinding (SAG) mill and a ball mill.
The pyrite concentrate is thickened and trucked to the LaRonde complex, where it is fed to a dedicated cyanide leach circuit. Gold-bearing leachate from Goldex ore joins the stream of leachate from Lapa ore and is fed directly into the carbon-in-pulp circuit to recover precious metals, which are smelted into dor bars. The pyrite concentrate tails from Goldex are disposed of with the LaRonde tails.
Historical gold recoveries from Goldex ore have averaged 93%.
M2