RE:RE:RE:RE:Q2 Shareholders ReportSo I went to SEDAR. Did you?
Here is what the Q2 MD&A said about metallurgy:
"The preliminary metallurgical test work shows gold recoveries to a gravity + flotation concentrate. From four composite tests, gold recoveries averaged 96.2% in pyrite concentrates with overall gold recoveries after concentrate extraction expected to be on the order of 88%. The mineralogical studies also demonstrated that no deleterious elements such as As, Sb or Hg were detected within the Goldstorm and Copper Belle Zones. The four tests were carried out by BV Minerals Metallurgical Division and supervised by metallurgical consultant Frank Wright, P.Eng."
What does this tell us:
1. No new met work has been done since the Technical Report, just drilling. No PEA for you?
2. The MD&A fails to mention the very low grade of the concentrate, between 2 and 2.7 grams, due to the very low rate of concentration which only eliminates 60% of the material
3. The concentrate problem, which comes from the refractory nature of the mineralization (pyrite encapsulation), is not mentioned in the MD&A although this very important disclosure in the Technical Report.
I realize I am being a nudge on the met data but this may be critical to the success of TC.