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Multi-Metal Development Ltd V.MLY

Alternate Symbol(s):  MLYCF

Multi-Metal Development Ltd is a Canadian mineral exploration and development company with mineral rights interests in the United States of America and Austria. The Company operates in two geographical areas, being Canada and the United States. The Company’s flagship project is the CuMo molybdenum project (the CuMo Project), located in Idaho, in the United States. The CuMo Project has two distinct layers of diversification: the upper half contains higher grades of silver and copper compared to molybdenum and the lower half is rich in molybdenum, with lower grades of silver and copper. The CuMo deposit is located at the south-western end of the Idaho-Montana Porphyry Belt within the Atlanta Lobe of the Idaho Batholith. Its Bleiberg Zinc-Germanium-Lead-Fluorite-Cadmium Mine Complex consists of 116 exploration licenses totaling 6,582.4 hectares, located approximately 130 kilometers south of the city of Salzburg, Austria.


TSXV:MLY - Post by User

Bullboard Posts
Comment by realitycheck111on Feb 18, 2018 11:02pm
86 Views
Post# 27582068

RE:RE:RE:RE:RE:RE:Emergency action required immediately

RE:RE:RE:RE:RE:RE:Emergency action required immediatelyThank you.  The first two links use the same significant drill intercept data tables.  The AC news release does not mention rhenium, only moly which is logical.

Could not immediately locate any rhenium resource estimate in any of the links.  Additionally, rhenium grade of significant intersects from the first two websites being the same tables identify a rhenium grade of approximately 0.025 ppm (10,000 ppm=1%) rhenium which is very low and only a portion of that recoverable by smelters with such capture technology.  Granted bulk mining and adequate smelting could produce a nice by-product. 

How did you exactly determine 120,000 kg of rhenium?  Sorry if I missed something in the links, but could not readily locate.

Bottom line: various by-products mined along with moly/silver ore are a bonus, but selective mining will be determined by moly or moly and silver cut-off grade. They are other by-products in the deposit. This is not a potential rhenium mine for rhenium produced is a of-product of other metals mining in the world. 

Lets see if AC brings these other by-product credits into the preliminary feasibility study.  That’s what is important. 


Bullboard Posts