RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Bonterra Intersects 8.2 g/t Au over 8.2 mSidebet, the more you keep misleading the more I will correct....
"WINDFALL GOLD is getting poured at Bachelor"..... NEVER, NEVER, NEVER.
I have heard so many lies about this so lets correct some.
1. Osisko is not storing any mill parts at Bachelor. That is an absolute lie.
2. The hydro line does not start at the Bachelor camp, there is no connection there with BTR for any deal or mill use. It is very clear from Bonterra's last press release. "the rental of the Bachelor camp during the construction of the proposed Kuikuhaacheu hydroelectric power transmission line from the Waswanipi substation to the Windfall gold project". The only conncetion is that the Waswanipi substation is the same substation that Bonterra connected to to gets its power at the Bachelor camp (This is how the hydro business works, tap into the closest substation). So why are the workings using the Bonterra camp? Has nothing to do with a merger. There are no hotels up by the Waswanipi substation or on the 100km path to windfall. They were not going to truck 100km back in forth from Windfall everyday. These are not highways. They would lose 3-4 hours travelling per day. This is the hope BTR has when it talks about infrastructures. They hope to one day tap into the Windfall substation being built for Barry or Galdiator. This is not free, it will come at them paying their share of the cost to build it, including the original line.
3. Permits. They will not get a permit for at least another year. BTR switched from 2,400 to 1,800 tpd as there are hurdles you can avoid in Quebec when it is under 2,000 tpd. They essentially withdrew there first permit and submitted a new one. Look how long the first one was taking. But what does the permit get you, can you mill any gold? No. The permit they are applying for only allows them to brocess Bachelor/Moroy and Barry rock. This permit does not even allow for Gladiator rock to be processed at the Bachelor Mill and especially not Windfall rock. This will be another permit they need to apply for and will take years. I won't even get into how Gladiator and or WIndfall are not yet mining leases and how neither Bonterra or Windfall can mine either deposit until they become mining leases. Hence why WIndfall is still needing to get approval for its bulk samples. Gladiator can't even apply for a mining lease until it does a bulk sample. Your talking at least 5-7 years.
4. Tailings. Bonterra is trying to increase the tailing storage capacity from 1.8 million tonnes (currently used 1.7 million of the available capacity) to 8 million tonnes. There is no 3,600 tpd amount they are applying for its about capacity and not how much you add to it daily. You try to imply this magic number to coorelate it with Osisko's development plan. Has nothing to do with it.
More important about the mill is what BTR just said in its last press release. "the Company is currently undertaking the cleaning of the Bachelor Mill to recover the gold trapped in the circuit from past production activity" This should show you how desperate for cash they are. If you understand what this means, they are taking apart the mill to scrub out every last dust particle of gold. This always results in damage to the mill and the mill before use has to be resmbled. The numbers I remember hearing before was that it could generate up to $3 million that you have to split in half with the Companies who do the work. That leaves you with $1.5 million. But your left with mill damage and a lot of work to reassemble if you ever went to use it. The rule of thumb is you don't do this unless you don't plan on using the mill for a very long time...if ever again.
The other posters have already corrected you on BTR's new hopes, coming right from MAP's own mouth to use Osisko's mill to process Barry or Gladiator rock as they said it themsilves it makes no sense to truck rock to Bachelor. Why would OSK be stupid to want to do that. BTR wants to pay at least $50/tonne in a tolling fee to OSK, as it is cheaper than processing it themselves. I won't get into this further, but somebody is either a spineless liar or just really, really slow on the uptake.