Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Spanish Mountain Gold Ltd V.SPA

Alternate Symbol(s):  SPAZF

Spanish Mountain Gold Ltd. is a Canada-based exploration-stage resource company. engaged The Company is engaged in the acquisition, exploration and development of mineral properties. The Company is focused on advancing its 100%-owned Spanish Mountain Gold Project in southern central British Columbia. The Spanish Mountain gold project is located about six kilometers from the village of Likely, in the Cariboo region of central British Columbia, approximately 70 kilometers north-east of the city of Williams Lake. The Company does not generate any revenue. The Company's wholly owned subsidiary is Wildrose Resources Ltd. (Wildrose).


TSXV:SPA - Post by User

Post by Wangotango67on Feb 27, 2021 5:27pm
167 Views
Post# 32679941

LEAKY-66

LEAKY-66 I hear ya.. and the current plan of attack sounds all good.
But, it's only factoring 1.2/million ounces of gold.
Not unless - new drill data adds to the resource size.

I decided to address the Graphite on the premise of - potential - mineral credit.
It's quite clear - Graphite is extracted in the 1st water concentration phase.

What's not clear is the amount of graphite that is captured nor the grade or, kind of graphite.
Which kind of makes the pea soon to be pfs look - dressed in a tux - but without a tie.

If its already being extracted - but not ot its fullest extent - it's then i asked...
What if - the ores were milled and ground to a smaller mesh size.

The studies i've posted - reveal - grinding ores to a smaller faction actually assist in
imparting more gold from the graphite - thus - far more graphite could be extrqacted
based on gold near fully imparted from graphite would - drop out - allowing the miner
to rid far more of the graphite - fom the 1st phase.

Ultimately, taking stress off the second acid concentration phase not to mention acid costs.
Which then - alieviates strain and costs on the final flotation - chain reaction cost reduction.

Backtrack -
correct from start = finer mesh = second mineral credit = roll the profits savings forward.

Tell me this... ( Leaky66 )
How much graphite is collected in the first phase ( clean water ) 
What are the graphite grades ( percentage per tonne )
Waht kind of graphite is it ?
And lastly - why is it not talked about ?

If there is significant graphite - 3 ore kinds have the graphites - not just the Argillites.
which places graphite in the cross hairs as - bonus mineral...
And... as mentioned in former post...
The graphite might be of equal value to that of the - gold value.
If the graphite were ever tabled - it could act as a - hedge against lower gold prices.
A prop if i may... that support the project al lthe more with a dual - mineral  vantage.

I've said what i've wanted to say...
I know it's not a topic most wish to speak of...
And i know, i rambled on somewhat... yes, a few extra posts than what most wanted but,
I felt covering the extraction and SPA's flowsheet was needed to round it out.

The graphite topic certainly rocks the boat - or should i say, bullboards...lol
But on the flip - it could be a positive that was overlooked due to most gold juniors,
only seek the gold,silver, copper credits... the reports i've read, which dealt with graphite and gold
the graphite is treated as, waste.

But times have changed... those old reports are also reflective to those who have modelled many
gold depsoits with an extraction that is tried and ture, but also with the flaw of overlloking a mineral such as graphite that has taken on a whole new persona of, worth. 
( battery mineral or carbon worth )

Sometimes - following the usual protocol and template of, what is the norm for gold extraction,
can also prove to oversee what could be a potentia lprofit . ( graphite )

At the end of the day...  i've suggested a few minor tweaks
Which might prove - doublely delicious.
And, who knows.. .the graphite could be as valuable as the gold.

If the graphite was say -  10% grade - it would be double the worth of the targeted 1.2/million oz.
Just saying.


Cheers...






<< Previous
Bullboard Posts
Next >>