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MX Gold Corp V.MXL.H

Alternate Symbol(s):  MXLGF

MX Gold Corp. is a Canada-based company. The Company is not engaged in any business activities. The Company no longer holds any mineral or mining properties.


TSXV:MXL.H - Post by User

Bullboard Posts
Comment by miningmanon Oct 26, 2016 4:41pm
181 Views
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???
Bullboard Posts