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North Shore Uranium Ltd NSU


Primary Symbol: V.NSU

North Shore Uranium Ltd., formerly Clover Leaf Capital Corp. is a Canada-based company, which is engaged in the exploration for uranium deposits at the eastern margin of Saskatchewan’s Athabasca Basin. The Company conducts its exploration programs on its two properties, the Falcon Property and the West Bear Property, and is evaluating opportunities to increase its portfolio of properties in the region. The Company has the option to acquire a 100% undivided interest in 11 claims that form approximately 77% of the Falcon Property.


TSXV:NSU - Post by User

Post by continuity1on Jan 31, 2018 4:12pm
200 Views
Post# 27474169

bird in hand worth,,,,,

bird in hand worth,,,,,YTD December 31/2017 Bisha milled 2,233,331 t containing 22,065 t of copper and 138,948 t of zinc. Also contained using Bisha figures at .8g/t Au and 42.6 g/t Ag, 57443 oz of gold and 3058866 oz of silver.
 
Cu in copper 6360 t            $ 44868019.                       
Zn in copper  2907 t
 
Zn in zinc  95997 t              $ 317452479.
Cu in zinc  7007  t
 
Cu in Tails  8698 t                  $ 61361954.           39.4 % 
Zn in Tails  40044 t                $ 132421503.          28.8 %
 
 
 
 
Au in copper 5664 oz
Au in zinc     10246 oz
 
Ag in copper  468926 oz
Ag in zinc 847731  oz
 
Au in Tails 41533 oz             $ 49839600.
Ag in Tails 1316657 oz         $ 22383169.        
 
 
 
So, if we assume Cu@ 3.20, Zn@ 1.50, Au@ 1200 and Ag@17.00  
Original Feed  Cu $ 155662396.
Original Feed  Zn $ 459487141.
Original Feed  Au $ 68931600.
Original Feed  Ag $ 52000717.

It is more likely that efforts to improve Zn to zinc recovery have a better chance to succeed than other streams, 85 % should be achievable and would have yielded over $ 390 million last year. We need money.
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