TSXV:MXL.H - Post by User
Comment by
miningmanon Oct 26, 2016 4:41pm
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Post# 25389688
RE:Have done some working of numbers from the PR
RE:Have done some working of numbers from the PR I also have done some working of numbers and I believe your projections to be grossly optimistic. I have a sneaking suspicion that the tailings at Magistral are not susceptible to cyanide leaching. This means they are either refractory, and need processing by totally different techniques , which are less environmentally acceptable than cyanide ( and that saying something!!!!!!!!) or there are other minerals in the feed that result in excessive cyanide consumption .......... copper and carbon come to mind.
https://www.24hgold.com/english/project.aspx?id=15699952E6680
This release suggests that average annual gold production over 4 years was less than 18,000 ounces annually. and that this was from ore grades around 3 grams per tonne. If present tailings truly are 2 grams per tonne , this shows that previous operators struggled to get better than 35% recovery. Does anyone think MXL knows more about gold recovery than Rob McKeown???