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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 Mar 02, 2021 1:58pm
126 Views
Post# 32696444

CHALLENGE FOR - SPA

CHALLENGE FOR - SPA It would be interesting to see SPA model thier deposit with a total reversal appraoch.
Literally taking the project and flipping it inside out.
Could they learn something from another miner ?
What would it look like if entire project was remodelled ?
Would the proof be seen in the - overall cost to mine ?
My hunch says... YES.

So how could this SPA project change to better economics ?
Flip the mineral credits.

Might be as simple as, sifting through peer graphite juniors and seeing what their costs are
to mine thier project which might only have 1.5% - 2% graphite.

I've sifted through a few ... and when i compare SPA's former pea...
I could see significant cost savings.

Gold would be treated as a byproduct.
Graphite carbon treated as the primary credit.
It literally inverts the mining process and  from get go...
The ore is milled to fines inorderr to - capture the graphitic carbon.

It would be interesting to see what a potential 8.79% grade carbon would 
look like vs a peer with 2% carbon.

Most in the industry pitch the largre flake = why |?
Itsreflectedon the purchaser who wishes large flake all because it makes it
easierr for them to process it and they too profit.

What's not spoken of in the industry too much is...
Synthetic anodes require the product to be milled really fine.
Then... mixed with silicon or say, nickel, to allow all the more conductivity
and sometimes thery round it out with a coating of the man made ball.

The chief criteria is... they need finely milled carbon
Then, oxidize the carbon to convert to graphene oxide.

The difference between raw graphite large flake vs synthetics
Isbasically they don't have to do too much to the naturtal large flake other than,
place it in a spin gyrator to reduce and round out the edges to form an oval.
Then.. its manufactured into anodes...

While carbon graphene sythetic anodes are preferred due to their consistency.
Far better conductivity with a product that has a standard...


So... how many drills did SPA punch on the outskirts of thier claims in those
heavy color zones called argillite thast may have never been included in the core gold zone ?

When i read the 2010 Tech report - i couldn;t help but notice SPA has very distinct argillkite
zones flanking each size of the main ore body of gold.

In fact... that 2010 report depicted SPA owning the lands on the other side of
Spaniush Lake... I'm thinking along the lines of... could this be where i read in another report
that there's a graphite showing located perhaps in same vicinity |?


- Flip mineral credits
- might reduce over al costs to mine
- mill 400 mesh right from start - instead of, regrind 1/2 way through present flowsheet
- gold is far much heavier than graphitic carbon
- work the angle of, only removing the graphitic carbon - leaving  gold in circut
- first phase float might enablea good 5% carbon skim of the 8.79%
- 8.79% graphitic carbon most assurdely would be far more robust numbers than a peer with 2%
- i see several expenditures in SPA's former PEA that could be shaved and reshaved
- a simple lab test to determine carbon purity could be the defining factor**
- include all drills ovder the years - inside the argillite zones - that may not have been factored
- a junior boasting 270,000,000 million tonnes @ a potential 8.79% graphitic carbon
= 23,733,000/tonnes of carbon would turn some heads...I haven't seen any junior with that size. 

Test the graphitic carbon.
If the graphitic carbon is above a - 94% purity...
Then... hello.

Final post on - graphite. .
If SPA choose not to factor the carbon and hedge the gold project....
Then... i guess i'll find one that will... lol.

Was there not recent news in January 2021 saying China was caught playing with graphite..?
That tells me... graphite is in big demand - trying to control the prices - they need it..
It was the same situation with lithium sector... Besides, another 5 graphite mines are needed
to meet the demand... If SPA ever had the right purity - and SPA is aiming for shovel ready...
They'd be a few years ahead of the other peers in Canada.
Something to think about.
  .


Cheers...



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