GREY:ADEXF - Post by User
Post by
zedman4on Apr 15, 2011 10:34am
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Post# 18436550
Tuktu's location......
Tuktu's location......Unlike the C orebody; the Tuktu is located a fair
distance inland from tide water.Therefore unless
the iron ore is of very high grade; a stand alone
crushing, milling facility will have to be built on site.
I suspect that even should the Tuktu come up with
suffcient tonage and grade for a mine; it will not be
soon, but years down the road. mainly of the trans-
portation cost of getting the iron concentrate to tide
water and a drying and stockpiling facility.This sum-
mer's drilling should be just enough to prove if the
Tuktu ore body has this potential; 3k meters).
Aie should be concentrating on finding the source of
the high grade silver grab sample from last summer.
Then there is the Alaska iron sands which are at tide
water and much closer to China/ Japan by at least
half as compared to the Mellville Penninsula. AEI
should start proving up that project.