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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

Almonty Industries Inc. is a Canada-based company, which is engaged in the mining, processing and shipping of tungsten concentrate, as well as the exploration and evaluation of its projects. The Company operates through four segments: Los Santos Mine, Panasquiera Mine, Valtreixal Project, and Woulfe. The Los Santos Mine is located in Spain whose operations relate to the exploration and mining of Tungsten. The Panasqueira Mine is located in Covilha Castelo Branco, Portugal, whose operations relate to the exploration and mining of tungsten, as well as the production of copper and tin concentrate by-products. The Valtreixal Project is located in Spain whose operations relate to the exploration and evaluation activities of the Valtreixal tin/tungsten project. Woulfe’s properties are located in Gangwon Province, Republic of Korea. The Woulfe's operations relate primarily to the exploration, evaluation and development of the Sangdong Project.


TSX:AII - Post by User

Comment by 5ilverlining808on Aug 03, 2022 11:55am
311 Views
Post# 34868298

RE:RE:RE:RE:RE:Two Totally Separate Process Plants For Tungsten And Molly !

RE:RE:RE:RE:RE:Two Totally Separate Process Plants For Tungsten And Molly !Absolutely no need for forgiveness QuarterDollar.
The more questions you ask, the more I delve and reassess, so thanks :-)
I make mistakes just like anyone else and a good Q&A prompts me to rethink past posts in light of speculation on minimal info.
So.....a clarification and rethink.

Firstly, my last post was directed at the recent MRE news which targets this new (to us but not new at all) area North East and North West "adjacent" to our current target zones for the Tungsten Hanging Wall, Main Ore Body and Foot Wall areas, and not the Deep Molly deposit 150M below the lowest levels of the Tungsten mine. That is decades away to develop and mine, but now I see that the upper and deeper deposits are connected as the same ore body, but different in grades and it was always there in the AKM project part of the website for years.

Shlt, how did I miss that for so long ?
The gold area is the high grade Molly and the grey area is the upper lower grade area which spreads out over a vast area.
This MRE area is nice and shallow in depth so that they only have to dig out sideways (not down) and will be the first Molly deposit area to mine and process.

There are two adits on the Sangdong level 70 Metres above the creek level, one is the historic defunct adit and the other is the new Alfonse-D adit, which was used to start mine development of galleries, tunnels and ramps to access and expose the first 600 Metre strike zone and open up access via ramps to the creek level Monty-B adit, which is dedicated to feed ore to the Tungsten Process Plant.

Now this from Lewis :-

As Lewis said there will be two process plants on the surface, Tungsten process plant at creek level and a Molly process plant "on the other side of the hill".

I think he means "up the hill" and just in front of the Alfonse-D adit.as it is so close to a good flat area for a Molly plant, close and inbetween NW and NE MRE deposit. plus I also think this was in the planning for many years in the past since the Alfonse-D adit was built.

When you mentioned "vertical shafts" I remember the two miners trapped for two weeks 1km underground in the Tasmanian Beaconsfield Gold Mine saga.
The mine used a spiral like ramp to move large trucks and so on to lower levels.
They also used vertical shafts for ventilation and quick elevator access and evacuations to all levels (safety).
One man died, two saved.

https://en.wikipedia.org/wiki/Beaconsfield_Mine_collapse

To backflip on my last post, I would say that more underground mining drills, loaders and dump trucks will eventually be added to the Molly mining area as things move on to expand, and that way there will be no halts or conflicts with the two bumping into each other.
ie one goes up to the Molly plant and the other goes down to the Tungsten plant.

The rest on %'s, costs is out of my forte, but another $75 mil should be reduced due to the infrustructures we already have and can be shared.
Does that make sense ?








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