RE:RE:RE:RE:Very Good Additional Drill ResultsVery good. I'm not advocating shorts at all, just asking a few key questions. Investors have done very well sticking to Corvus.
When Coeur bought NM, it was because almost the entire resoure was oxide for both Sterling and the Crown series of deposits. NM stated in their news releases which intersections were oxide and which were sulphide, and most were oxide. NM also did bottle roll tests on each intersection, to generate recovered gold grades.
In fact when Gold Corp (Glamis Gold) mined the Motherlode pit they bottomed in sulphides and stopped becasue they couldn't heap leach the ore at the pit bottom. Gold Corp did extensive metallurgical work and never got the economics to work..
They could use a steeper pit wall on Motherlode, but the pit depth that is present is very shallow, and yet there was a pit failure that you can see in pictures.
LOX process is an interesting idea, problem is that the other Nevada Mines with refractory ore use high pressure oxidation plants and have mill feed that is dramatically higher grades than what Corvus is proposing.
Now having said that, Corvus has been in-fill drilling the Motherlode deposit up unitl last fall and has only recently started to find new mineralization, which is fantastic..... Motherlode could be a big deposit and more power to the Corvus team.
Its more data than normal, but its food for thought.