RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Anatomy of a basher.....No country in the world has a higher percentage of refractory gold than Russia. 80% of their reserves are at least partially refractory.
One of the projects with the most challenging refractory issues is Suhoi Log (Polyus is developing the mine). It has 64 million oz. at 1.9g/t AuEq of which 40 million oz at 2.3g/t AuEq is being developed in an open pit. Treaty Creek will get close to these numbers eventually with less refractory gold.
Pages 49 - 63 in the March 2022 presentation show how they intend to develop and process the ore from this mine. The infrastructure issues here are immense compared to Treaty Creek - power supply, closest airfield, no port, roads, etc. The investment decision is scheduled for December 2022. At that time we should be able to see a feasibility study result as well. They expect 2.3 million oz. per year of production.
file:///C:/Users/Douglas/Downloads/202203_corporate-presentation_mar.pdf