Vetas and California… I am amazed why there is so little focused or spoken on metallurgical issues.
It seems that almost everyone is ignoring one of the most important rules of mining.
Metallurgy is much more favorable in Vetas than in California.
In California, it is high sulphidation, whereby the gold is encapsulated in pyrite.
In Vetas, it is low sulphidation, and much more often than in California, you get visible gold, making gold in Vetas much easier and of course, much cheaper to process.
AUX needs to consolidate the entire Vetas-California district, which is thought to contain up to 60 million ounces of gold, think again.
AUX needs the gold from CBJ and GWY in Vetas for their mill.
Let´s be clear: this is one of the top undeveloped gold districts in the world, and only a long term strategic visionary like Eike will be able to successful develop it.