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Ruby Creek Resources Inc RBYC

Ruby Creek Resources Inc. is engaged in developing a gold property. The Company's project includes the Gold Plateau Project. The Gold Plateau Project consists of property, which has artisanal gold mining activities. The Gold Plateau Project is located in southern Tanzania approximately 150 kilometers north of the Mozambique border. The Gold Plateau Project consists of around 15 properties of prospective gold mineralized territory. The Company has mining and processing equipment onsite and additional processing equipment. The Gold Plateau Project is situated at the eastern margin of the Selous Basin where the Karoo and young sedimentary rock are in fault contact with low to high-grade metamorphosed rocks of Neoproterozoic age belonging to the Mozambique Belt.


GREY:RBYC - Post by User

Post by RicherNowon Sep 29, 2011 12:14pm
170 Views
Post# 19099126

Background

BackgroundSeeing Africa changed my world-view or at least help focus my wonder at life on such a place like the Earth. In N. America, we are mostly insulated from the reality of life for the people who live in rural Tanzania or China or Guyana.... I saw the populated interior of Tanzania, lots of folks living without the basic routines of life we take for granted. The biggest loss for all of us comes from the lack of the basic opportunity for education and access to information for these people. What chance does an Einstein or a Galileo have to emerge from this population that largely lives in stone-age poverty and an information vaccum? ..... Ruby Creek Resources' efforts on behalf of the local people is something I admire and support. These people will grow and some will emerge into the 21st Century world because of the development and services brought to the interior of Tanzania by Ruby Creek Resources. I support these efforts with my ideas and money, life changing because here is an opportunity to see an entrepreneurial enterprise yield wider results than solely a return to shareholders AND take part in it.As far as the trommel capacity goes, EMI never operated at full capacity when I was there. My understanding is that now the operating capacity is being explored by finding the point where the system is choked by input feed, GOOD IDEA. I was told that the rating was 35 cu. meters per hour, which is about 65 tons/hr I think. I bet the ultimate rate will be closer to ~100-200 tons/hour because there are 4 BIG jigs processing the trommel output, add pre-screening and efficiency and trommel throughput increase IMO. At this point it is a guessing game for me, I haven't been there since February In any event new equipment is on the way and will be set up, which will take time, be patient. !!!!The value in this time of TEST MINING is immeasurable IMO!!!! .... I sense they now know what to look for and have someone experienced in mining (Head Geologist) who has experience and should get the production rolling, AND Emi and his boys have experience making concentrate, EXPERIENCE....---IMO there may be more fine gold in these overwash sands than most recognize, especially the artisans, if you can't see it, it is not there PERIOD, Think no further.... Consider this, I believe the source lode(s) are close by... If the gold, in its source rock, is largely disseminations of 10-40 micron sized particles (not an uncommon occurrence in gold lodes) then this fine fraction may be in the sands as well! A larger-sized part of this "Invisible" fraction is recoverable, but not with steep sluices and vigorous panning....The smallest piece of gold one can see is ~50 microns or so, any source deposit(s) could potentially be mostly of a grain size smaller than 50 microns... I saw MANY ragged particles of gold, just barely visible with the naked eye, you do the math. The pitch of a sluice box should be around 10% IMO, my estimation the artisans pitch was multiples of of that and were losing most particles smaller than 100 microns or so. Having panned thousands of hours, I qualify the artisans panning method as "careless" for fine gold. The helicopter flight was a property tour flight arranged by Rob Slavik, CEO. When we left Camp to return home we drove several hours to the closest air field for a charter flight back to Dar. I sat co-pilot and had a fabulous flight back. Much easier than a 20+ hour ordeal by road on the way into Camp.That is what I know, mostly conjecture and guesses for most issues except for notable efforts of Ruby Creek Resources on behalf of the local people.Not Investment Advice, I was not paid to produce the video, in fact it caught Rob and Toby by surprise. DYODD
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