Bullboard - Stock Discussion Forum Dalradian Resources, Inc. DRLDF

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"Dalradian Resources Inc is a gold development and exploration company. The company is based in Canada, but it is primarily involved in the acquisition, exploration, and evaluation of mineral properties in Northern Ireland. One of the company's main assets is the Curraghinalt Gold Deposit located in Northern Ireland."

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Dalradian Resources, Inc. > News - 55% Increase in Grade by Using New Technology.

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Post by R_J_ on Sep 18, 2017 11:00pm

News - 55% Increase in Grade by Using New Technology.

Ore Sorting Increases Grade of a Bulk Sample by 55% at Dalradian's Curraghinalt Project
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https://s1.q4cdn.com/162468244/files/doc_news/2017/DNA_PR-Sep-18-2017-ore-sorting_final_no-images.pdf
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Louis James Comments
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We’ve seen gold mine developers try ore sorting technology before, but we’ve never seen it work so well.
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It’s one of those ideas that seems great, in the lab, but often doesn’t work as well as hoped, in practice.
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In this case, the success rate, and the boosts to recovery and grade are spectacular.
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If the equipment can deliver even half of these improvements in the actual mine, it would greatly increase the already excellent return on investment.
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That in turn should make it easier to raise the money needed to build the mine.
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Best of all, from what we now know about . . . . companies, once the Construction Decision is made, our odds of high gains are very good—whether or not this technology works as advertised after First Pour.
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This leaves permitting the key hurdle ahead, in our view, and we hope to see more news on that front soon.
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Meanwhile, this stock is having a good year and remains near it’s 52-week highs, . . . .
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End Quote.
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RJ

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