Perpetua Resources Corp T.PPTA

Alternate Symbol(s): PPTA

Metals & Mining Gold

Perpetua Resources Corp. is a development-stage company. The Company operates through mineral exploration in the United States segment. It is primarily engaged in acquiring mining properties with the intention of exploring, evaluating, and placing them into production if warranted. The Company’s principal business is the exploration and, if warranted and subject to receipt of required permitting, redevelopment, restoration and operation of the Stibnite Gold Project in Idaho, the United States. Its Stibnite Gold Project is located in central Idaho, the United States, which lies over 100 miles northeast of Boise, Idaho, over 38 miles east of McCall, Idaho, and approximately 10 miles east of Yellow Pine, Idaho. Its mineral Stibnite Gold Project contains gold, silver, and antimony mineral deposits. It focuses to explore, evaluate, and potentially redevelop three of the deposits known as the Hangar Flats Deposit, West End Deposit and Yellow Pine Deposit.

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Perpetua Resources Corp

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Comment by urekaon Nov 07, 2013 6:18pm

179 Views

Post# 21886731

RE:RE:RE:Mineral Resource Estimate for Golden Meadows Tailings

My thought is that you should process all of the tailings material because most of it has good mineral value, they want to cut out about half of it because it is "low grade", low grade if you had to mine and mill it, much better grade if you just have to scoop it up and process it with a facility that is already there.
The processing costs for this stuff is next to nothing so a very low grade is economic, probably .25 g/t au.plus by products, to have a cut off rate of .75g/t au PLUS credits is crazy.
This material is in a very small area, 75m by 75m and shallow.
Keep it simple and process the whole thing.
Gotta do better boys.

JMHO

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