Post by
Wangotango67 on Aug 20, 2021 1:32am
COBALT vs COPPER
There's grades pf high's and lows of both cobalite and copper.
Yet... if one were to compare the values of each minerals worth - it then brings clarity to the subject of how both minerals carry an importance unt othier own.
Cobalt Copper
$53,500/t $9300/t
$ 24.32/lb $4.23/lb
.03% 1.8%
= 6.6 lbs = 39.6 lbs
= $160 = $167 ( per tone values )
Now - who would know first hand where the cobalite might be found ?
Ian - would know first hand
Ian took chip samples from inside the mine walls.
This is extremely important - all because - Ian would know what type of ore the cobaltite originated form - my hunch says - highly likely outside the veining.
As cobalt is nortorious for hosting with in - argilites, mafic and all else besides veining.
Recent drills were definitely focused on - copper veined ores.
Hence the THIN widths.
Which provides only a fraction of the mineralized ore storyline.
Should the geologist have at least scanned the remaining cores for cobaltite and other precious minerals ? Of course but... juniors are sometimes too focused on the primariy gold, silver copper. A big fault amongst B.C. juniors.
i know i've posted excessively on this cobalite subject - but as mentioned - if i even sniff a speck of a mineral that has major worth to the tune of - $53,500 per tonne why the hell not pursue this story right ?
And at the back of my mind- like a haunting voice - lol
What the hell was - Stanfield - meaning when he replied to the question about grades ?
Oh boy... did we ever....!
Again, gold, copper, silver, were are bottoned out - at tiem of interview.
And cobalt was stil lfetching - $30,000 - $35,000 per tonne.
Did Stanfield know about the cobalt ?
We'll never know what he meant.
But the best one can do is, further investigate the cobalt/lanthnum values.
And... other minerals outside the veined ores.
I'm not partial to a 25% concentrate when Bul lriver has never seen a thorough analysis on thier ores outside the veining.
Bull River Mine has lots of questions unanswered.
Many mysteries surround the unfinshed sentences of Stanfield.
Soil tests, tests inside the mine walls and recent drill cores do point to a cobaltite presence.
TAILINGS - would certainly provide answers but.. i'd make a bee ine to the mine walls.
I would say - this 25% concentrate contract with a 75% waste attached was a tad premature to ink.
CHECKING THE MINE WALLS - XRF
it woudl resolve the cobaltite mystery, and perhaps a cobaltite lanthanum mineral
might be found attached ot the cobalt.
Now... if extraction is brought forth -
the entire extraction is wrapped around floating - pyrite copper.
Oh boy... such an extraction methodology is geared to - copper pyrite.
Do i take issue with this method ?
Don't ask...lol
I would prefer an entriely different extraction model that caters to - heavies.
All heavies. And as a result, the purite would be first off the float.
The art of allowing the heavies to remain in flotation cells without reporting to tailings should not be that hard - heavies stay behind.
But... if a concentrate of 25% copper with a whole lotta waste with potential minerals are reporting to the tailings - lets ask the question - jow does one manage to sell a 25% concentrate without adding the additional waste ores ?
What's in the waste ores ?
Ha.
And... while on the subject -
if one can produce a 93% concentrate why sell a 25% con ?
In my best estimation - there's a strong signal that points the compass to the tailings
that harbor value -
That's all i've got....
Again, sorry to post so much - but.. i hope shareholders do appreciate the time this took to
poiunt out the potential additional mineral credits - and what measure should be taken to provide best value for the junior and shareholders.
XRF - quickest path to knowing what they have with al lminerals in the ores outside veining.
I envision the potential of a much larger mine tonnage if other minerals are found outsdide the veined ores - economics is also important and such also revolves around the style of extractions that can make it economical.
Sometimes running the gamit of standard extraction doesn't afford the economics.
Which is why i had mentioned the business in Vancouver thart deals in - mocrowaving the ores -
Thing is... this business in Vnacouver - has geared their microwave tech to only ore sorting.
If one looks at the melt value of - chalcopurite = 800 degrees celcius.
The microwave tech heats up to - 1100 degrees C.
How would this look if the ores were milled to fines.
Placed inside the micro chamber and heated till a melt value of metals occured.
It might allow for a condensing og the metals - creating a melt concentrate
then... with simple water sluice plant - could allow the junior to extract all mineral heavies far qwuicker - whereas... the entire extraction model is now wrapped around - all heavies.
Far more valuable concentrate.
Cheers....
Given it my best effort to assit the junior and provide a few pointers.
Hopefully the junior reads the bullboards.
Someone else can post.
Best i can hope for is, that i've opened some eyes to the potential of other mineral credits.
But ultimately it's up ot the junior to pursue this.
If they knew about cobaltite since 2019 - and signed a copepr con - without a full scoping of the ores outside the veining - well... you know my thoughts on this.
Wango~
Yes.. i own shares.
Sure hope the junior turns this ship around.
Lots going on around the world.
My own concensus is...
Many juniors are just lollydoggin it.
Hardly any news across the boards.
And the nightmare of - reset - creeps ever closer.
I fele many of the juniors have been unscrupously devaled and
if metals decline in price - so do the valuations -
brings a whole new understanding to - reset.
they.... the rich take it all.
But if a junior was smart- they'd mote thier assests and minerals with a constant advancing and a flurry of news. Begon with - svrapping the 25% concentrate.
I'd say this stock would turn on a dime.