RE:Best silica quartz projects attributes...spruce pine exampleWith drill results coming very soon, this will not be a speculative buy no more. If H holds consistent a deep resources... that alone is sufficient for prosperous operations. With 1.5km strike on the main outcrop... this could be a mind blowing deposit. La galette formation host very good deposits. No wonder we have New metal producers coming along in Qc. Good supppy, cheap energy, good juridiction and deep water ports! Drill results will be determinant! Until then... speculative buy(based on surface assays and Sitec's success for 50 years).
DoctorFouad wrote: Best silica quartz projects have large very high purity reserves
Hi all,
The high purity quartz silica is IMO one of the best kept secrets of profitable mining investments. Geologically our planet possesses very few known high purity silica large reserves occurrences. Mining experts regard the "spruce pine" (US) silica quartz deposit as the one possessing the largest reserves and the highest purity silica in the world. its silica quartz after preliminary processing to achieve some 99.99% silica purity is sent to Norway for chemical/thermal purification to attain 99.9999% purity suitable to silicon chips and other high tech industries requiring such high purity.
The success of the spruce pine mine is twofold : 1/ it has naturally occurring very high purity silica quartz, inexpensive to purify to higher purity levels. 2/ it has very large reserves of this high purtity silica quartz (in operation for more than 50 years, basically the deposit si muntains of high purity silica, only a fraction of the deposit has been extracted to date).
those 2 attributes remind us of what RRS management is finding in its silica deposit. could RRS management have discovered a rare small brother to spruce pine deposit ? or at least a portion (quartzite H?) comparable to the legendary spruce pine purity? time will tell..
To view a nice video of the legedary spruce pine mine in action, look at the link below :
https://www.youtube.com/watch?t=33&v=A_b7FCyD_5Y
happy silica investing to all,