New Found Gold Corp V.NFG

A question for Retired Geo

[Tk11455ok]

Dear Sir, 
I'm a total novice on mining, but the last news article on NFG showed Gravity Concentrates of  2,102 G/T (67 oz/T)  to 12,271 G/T (396 oz/T). I believe you have touched on this in the past. Is it reasonable to build and perform gravity concentration on site and truck the concentrate to Pine Cove Mill for processing? The trucking would be a very low cost when compared to the amount of Au per load. Obviously there would be a processing fee, but I have no idea what a customery processing fee is. This could provide significant $ for any future endeavors and prevent dilution. Does this seem reasonable or is just going to be done a different way. I've been all in since the Lassande run up a few years ago and am still significantly underwater. Any response would be appreciated.
Thank you,

Tom K

[nozzpack]

Retired can provide a more detailed answer but these results were obtained both from gravity concentration and then carbon in leach ( CIL ) on the gravity tails . Essentially, you would have to build a floatation plant on site , infrastructure, tailings pond  etc to support these upstream processing facilities. In other words, given todays capex costs, substantial  upfront costs to do

[Retiredgeo]

Absolutely.  A crusher-gravity circuit is cheap and low tech.  You can buy new off Alibaba for next to nothing or scavenge used in Newfoundland.  All of that Quartz and shale can stay on the property, only the concentrate needs to be shipped. If the truck is carrying millions of dollars of gold concentrate security is going to cost far more than that of the truck. During Crashlabs

[unclebobby]

There will be a day when bids are hire than the asks,  coming soon,  

[nozzpack]

A recent detailed article on factors affecting the gravity recovery of gold from grinding circuits is provided in the link. Technical but main points are decently explained... https://minerals.seprosystems.com/gravity-recovery-of-gold-from-within-grinding-circuits/

[Tk11455ok]

Thank you RetiredGeo, A note to Collin Kettell and Denis Laviolette, if you decide to go the "low tech" route and truck concentrate to Pine Cove Mill, I'm available to ride shotgun! retired, Tom K.