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TMAC Resources Inc. T.TMR

TMAC Resources Inc is an industrial metals and materials company. The business acquires, explores, and evaluates mineral properties. Its lone business segment is Mining; this segment is engaged in the exploration and development of precious metal resources, primarily gold. The company generates the vast majority of its revenue in Canada. TMAC Resources' primary mine is located in Hope Bay, in the Kitikmeot region of the western Nunavut Territory. TMAC mines for gold resources and inferred minera


TSX:TMR - Post by User

Comment by Shermandrock1on Dec 02, 2019 7:21pm
94 Views
Post# 30415220

RE:Good question, Sherm

RE:Good question, ShermNot likely that the results resulting from the installation of the new equipment has developed a track record that would allow for the evaluation as to whether the change in recoveries were or were not a material event. A material event has to border on permanency/longevity which, at this point cannot be measured/extrapolated. Recovery issues will be resolved. In the history of mining, the mineralization at Hope Bay likely has been encountered elsewhere and, it is a matter of bringing the correct personnel, know how and extraction techniques to the mineralization to achieve the desired results.
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