DocJ todayI know its hard for some to grasp but two mines built by two majors and worked for only 18 months were sitting there for the taking in 2014. Emo stepped up.
It can appear as if, and feel like, the Spanish Judiciary moves slower than a speeding tortoise but the final claim from 2014, Aznacollar, will be awarded within a year. Emo is the only choice available to the administrative court should one of 16 defendants be found guilty in criminal court.
Here's DocJ being,as always, sensible today on ceo.ca.:
@.Drjimjones Correction “based on the data available historical and current, vetted by myself and the resources at my disposal, I am confident, I believe, I have the opinion that Emo has an inventory of approx 19mt of high-grade high-margin mineable resources across IBW. As you may or may not know Emo has not yet issued a 43-101 on IBW, they are in the process of confirming the historical resources drilled by Rio Tinto, Phelps Dodge, and expanding these 3 deposits to their full potential. Currently, they have 8 drills on the project and based on the detailed Em/gravity survey the conductor plates extend both vertically and horizontally well beyond the historical drilling and deposits that Rio couldn’t expand due to historical lease boundaries. That is not an issue now because all those smaller claims/leases were consolidated into the IBW package when it was publicly tendered and eventually awarded to Emo by the Admin Court of Spain. I suggest everyone do their on vetting of the data and model for yourself what it is conceptually now and what it will be after the 2022 drill programs are complete.” …. Moving on…. Historically at Romanera was 32mt resource calculation done with a lead+zinc cutoff. Zone of copper, silver, Gold excluded from resource is the lead + zinc wasn’t high enough. That has a positive implications on the actually size and value of the historical resource within the historical drilling area. Plus we know, and we do from the historical that multiple zones and cores were not included / assayed for gold even though it was present in the historical deposit. Another positive implication.