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Silver Falcon Mining, Inc. SFMI

"Silver Falcon Mining Inc is engaged in the exploration and development of gold and silver properties in the United States."


GREY:SFMI - Post by User

Bullboard Posts
Comment by Sinbobon May 04, 2010 3:57pm
274 Views
Post# 17062074

RE: the truth,,,,assays

RE: the truth,,,,assaysNice try ...try reading the news releases...here it is on a silver platter...if you can read...read all the way to the bottom...

Mill information

NR: 03/20/08 -- Silver Falcon Mining, Inc. ….RMS Ross Corporation has been contracted to engineer, fabricate, assemble and source the components needed for the Pilot milling and recovery circuit. This Pilot Mill is being constructed in an enclosed building in the town of Melba, Idaho. (Note: the new mill is completed up on War Eagle Mountain.)

The pilot plant is being assembled and shipped in stages, allowing for the staged set up of the plant facility.

Stage One: 4x3 Marcy ball mill and related accessories has already been received on site.

Stage Two: 8' Grizzly, 5.5 cu yard hopper, Telsmith 10 x 21 jaw crusher, and Simplicity 18" x 8" Panfeeder, mounted on a Primary Crusher Skid Assembly. Stage 2 will be set up and tested prior to shipping.

We are in the process of installing a mill at War Eagle Mountain that will be capable of processing 30 tons of ore per day through three circuits through a chemical free process. These circuits will operate as follows:

A crushing unit will reduce ore bearing rocks of various sizes to the size of a pea and smaller, and then mix the result with water in a steel ball mill to produce a cloudy liquid which is then strained through a <270 mm mesh strainer. The water will be provided by internal storage tanks and is recycled continuously, thus requiring only a small amount of water to make up for losses due to evaporation and spillage.

After the cloudy water is strained, it is then pumped into a concentrator, which is basically an inverted rubber bell that spins at a high rate of speed. The concentrator forces the slurry up the sides of the bell where the heavy metals escape the vessel through a series of holes around the top of the bell, where the metals fall as a paste into the next part of the process. The remaining water is then separated from the tailings produced during this part of the process and the tailings are then dried using a dewatering process. The dry tailings are stored in an outside tailings pile which will then be shaped consistent with the contours of the land and covered and seeded for preservation of land appearance. ·

The paste produced in step two is then remixed with clear water and put through a vibrating process where the heavy metals (Gold, Silver, Titanium, etc) are separated from other substances and deposited in sealed containers. The final product is then assayed and sent to the contracted refinery for purification. The remaining water is then pumped to the dewatering system where the water is extracted from the tailings for reuse, and the tailings sent to join the tailings from step two.”

NR: 02/06/09 -- Silver Falcon Mining, Inc. (OTCBB:SFMI.PK - News) announces additional equipment to boost gold and silver production

The engineers of RMS-Ross, the suppliers of the equipment for the mill finished an on site inspection. The Company, under RMS’ direction, began relocating certain pieces of equipment in the mill circuit for maximum output; also allowing for the installation of a parallel wet-line circuit. This additional circuit equipment and realignment of the current mill components should quadruple planned gold and silver production…This installation of the wet-line circuit should allow SFMI to quadruple precious metals output and, further advance, by at least two years, the underground mining developments on War Eagle Mountain.”

NR: 04/03/09…Shareholders need to be reminded that the mill circuit, which contain numerous components, has been paid for 100%



NR: 11/02/09 -- SFMI has bought additional equipment to boost production up slightly at the start of operations and, also, has purchased a new “Rod Mill” coming in April 2010, which should more than double the mill’s production capacity.



NR:12/17/09 -- The Company’s Diamond Creek Mill announces that on January 15, 2010, a former Barrick’s Goldstrike Mine (a division of Barrick Gold Corporation) employee will become Diamond Creek Mill’s Manager. This individual has impeccable credentials and his former employers have highly recommended him for this position.

The original mill was capable of processing 30 tons of ore per day through three circuits with a chemical free process (From 10). The NR of Feb.6th, 09, announced that relocation of equipment in the mill circuit and the installation of a parallel wet-line circuit should quadruple the planned gold and silver production. ( also a new rod mill as of this month) The assumption is then that the milling output would be increased to 120 tons/day/shift ?…and that two shifts/day would produce 240 tons/day. To further confuse things, the history of mining report published end 2008 indicates a mill output per day of 400 tons (I am presuming a double shift?). That report projects a net return/yr. of $18.5 million based on 240 days @ $925 gold and @$12 silver. Today that would be $23.2 million @$1100 gold and $16 silver. With a throughput of 240 tons/day that would be reduced to $13.9 million/yr. Minus the 15% net smelter fee for Goldcorp those net annual proceeds would be $19.7 million/yr. and $11.8 million/yr. These estimates have been based on minimal gold/silver values of 6 gm/T gold and 72gm/t silver in the mine-excavated above ground dumps that are anywhere from 300,000 tons to 500,000 tons ( some are calling these tailings but they have not been processed).

At 1 0z/t the tailings alone will be worth $330 million to $550 million.


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