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MacDonald Mines Exploration Ltd V.BMK

Alternate Symbol(s):  MCDMF

MacDonald Mines Exploration Ltd. is a Canada-based mineral exploration company. The Company is focused on the evaluation, acquisition, and development of precious and critical metals properties in Ontario. It is primarily focused on locating an economic deposit within its 100%-owned Scadding-Powerline-Jovan (SPJ) Project in Northeastern Ontario, located 20 kilometers east of the prolific Sudbury Mining Camp. The SPJ property consists of the Scadding, Powerline, Jovan, Blueberry, Loney and Golden Copper properties located east of Sudbury in Northern Ontario. The SPJ Project is targeting a system of interconnected precious and critical metals mineralization zones on an underexplored land package, which hosts the past producing Scadding Gold Mine and multiple known critical and precious metals prospects and showings. It also covers a Metasomatic Iron and Alkali-Calcic (MIAC) mineral system that formed polymetallic Cu-Au and Au-Co, Au, Silver, and REE exploration targets.


TSXV:BMK - Post by User

Post by Wangotango67on Oct 05, 2022 2:37am
247 Views
Post# 35005927

FOUND A NEW - TITANIUM PRICE -

FOUND A NEW - TITANIUM PRICE - 1 - there are even higher titanium ppm in the other assay charts - values 1700 - 7500 ppm
2 - Some ma say... 350 ppm/ grams is not worth chasing...
      My reply ? It would - from a stance of  - TREO - total ree oxides - Ni, Ti, Zr, Cr, CO -  Au, ( pm )
      Simply.... furnace melt the metals into a concentrate - or - electrolysis
      If by chance the Ti was found in the - green quartz as a solution - might be easier to pull out ?

What i find interesting is...
The ore body - in the 622 page report - mentions that the cores have considerable
chlorite - but.. tbd - if it is... or could be nickel in solution - as mnetioned in the article -
So... if there's lots of solution - how easy would it be to mine silica quartz that may contain more
solution than other - peer ore bodies ?

This is a subject that i'm not familiar with.
Would have to research it.


NEW TITANIUM PRICE -
I found another price for - Titanium - per tonne.
Let's just say... it has been the worst time ever trying t ofind a price for metal.
I have never seen so many vlaues for titanium.
It's all over the map.

The best and most accurate price i could find is...
Military Grade Titanium: This grade is used in military and industrial applications because of its high strength and resistance to wear and tear. It can cost from $42.59 to $82.75 per Kilogram.

Commercial Grade Titanium: This grade is used for various industrial purposes such as mining, oil and gas drilling equipment, electrical contacts, heat exchangers, and other equipment. It can cost from $15.49 to $41.62 per Kilogram. I believe now you got a clear answer for how much is titanium cost different by grade.

1000 Kg's in 1 tonne -
$30,000 / tonne ( i'll stick to a lower value ) 
x 1.30 usd conversion
= $39,000.00 cdn / tonne

350 ppm = 350 grams per tonne
There it would take 1.25 tonnes of ore to produce 1 lb of - titanium.
keep in mind - i saw other Ti values that ran far higher on other drills - 1700 = 7500 ppm

$39,000
~2200 lbs - in one metric tonne
= $17.72 per pound
x 0.77 ( 3/4 lb = 350 grams )
= $13.64 - Ti - per tonne of ore
x 10,000,000 - ore tones ( 400m x 200m x 450m width x 2.5 weight )
= $136,400,000 / mil ( down considerably from last post )

If it were only titanium in the deposit at these levels...
It would be - uneconomical -

BUT SUCH IS NOT THE CASE -
iF ONE LOOKED AT IT FROM A STANCE OF -  total select metal content -

Gold, Titanium, Chromium, Cobalt, Nickel, Zirconium, Copper.
Each metal content would/could support a total metal value for ore body.
There's even magnesium in the ores.

When speaking concentrates - the values drop considerably -
One is not producing a pure metal. Nor separating each.
But as a whole, in concentrate, would be interesting what it could command.


This is the homework for the junior - lol
They didn't assay for - all the other minerals.... or did they.... and didn't show and tell ?
All we were shown for the -  SCADDING DEPOSIT - were gold assays.
lol

What did their new drills find over the years ?
Didi BMK's drills concur with - Former Owner - who did report other minerals ?
Former operator - punched many holes in - Scadd, North Pit, and Currie, East Pit., South Pit


So.. that's my take on tihngs...
We have other minerals that are of interest - titanium, chromium, zirconium
zirconium - is NOT as consistent as the - chromium and titanium.
checked other assay charts in the report -

And.... it's good to know we do have nickel - but low values.
They should really reassay for nickel using diff methods.
Since nickel is now found in - serpentine + chlorite ores.
These reports confirm - there's mega chlorites.


Cheers....


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