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NORTHERN SUN MINING CORP LBEFF



GREY:LBEFF - Post by User

Bullboard Posts
Post by Original_Brailaon Mar 19, 2007 11:12am
590 Views
Post# 12443302

McAra

McAraIf McAra during drilling turns out to be as good as one hopes, one should not rule out that the cashflow from the McAra Mill will be as great as from the Redstone mill. We do not know yet, but this deal with the investments the chinese are making in the hydro metallurgical facility would not be on the table unless the hopes for large amounts of ore at McAra deposit and the adjacent Ray Township would be great. intersections of 19.46m averaging 1.1% containing 11.9% copper over 3.1m as well as varying credits of nickel up to 1% The goal for 2007 will be to perform enough drilling to allow an NI 43-101 resource to be calculated for these deposits. We could very well be looking at a 1000 tpd mill. Remember, if that would be the case and if the ore would have 0,9% cobolt on average that would be about 20 pound cobolt. Cobolt is at around 30 usd and is not expected to fall the coming years, more likely to rise. Sure Liberty would not get market price for the concentrate, especially with the arsenik, but on the other hand they also have the by products. I am sure the market will soon catch on to how significant this news actually was. By the way, the relationship with the chinese partner took another step forward..
Bullboard Posts