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Core Gold DMMIF

Metals & Mining Industrial Metals & Minerals
Core Gold Inc is a gold mining company based in Canada with all operations in Southern Ecuador. The company primarily explores for gold and silver. Some of its projects includes Zaruma Mine & Portovelo Mill, Dynasty Goldfield and Copper Duke Project.


OTCQX:DMMIF - Post by User

Core Gold
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Comment by mtsuiton Feb 17, 2015 9:52pm
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Post# 23438239

RE:RE:RE:RE:Starting to look like

RE:RE:RE:RE:Starting to look likeINV is a totally different situation because it has a refractory deposit with arsenic that must be removed in processing.  I think Iamgold planned on building an autoclave, but with the cost of that plant would be higher than could be supported by the amount of gold that could be produced by INV under the "Medium Scale Miner" permit.  So INV is planning on producing a concentrate for shipment out of the country to a facility capable of handling it.  When the full PFS document is released it should show the assumptions they made about the cost of that processing.

DMM is a totally different situation because it has cleaner ore and a fully operational plant.
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