OTCPK:VDMRF - Post by User
Comment by
opagangnamstyleon Feb 16, 2020 1:34pm
117 Views
Post# 30697429
RE:PADC
RE:PADC From the NR 6 days ago:
"These results are being incorporated into an ongoing Preliminary Economic Assessment that is expected to be completed in the coming weeks, which we anticipate will highlight the inherent value in the Mont Sorcier project."
also I find this sentance very interesting:
"Based on these results, it can be concluded that preconcentration would allow for the removal low-grade material, in an early stage of the beneficiation process, and thus results in lower energy costs and reducing some capital requirements for downstream equipment."
https://stockhouse.com/news/press-releases/2020/02/10/metallurgical-test-work-confirms-premium-high-grade-65-8-iron-ore-concentrate
If we check the latest corporate presenatation it now says 25-years LOM then over 20 years LOM.
https://www.vanadiumone.com/assets/Vanadium-One-Iron-Corporate-Presentation1.pdf