So Gravity concentrates now shipped as per blog...awaiting assay results and then Flotation concentrates get shipped...
Gravity concentrates are typically very high grade and small quantity. The process is very selective because the equipment is only designed to separate 1 to 2 tonnes of concentrates per day of milling. Gravity concentrates initially have high moisture, they need to dry out some before they can be weighed and sampled, which we have now done.
Flotation concentrates are lower grade and much higher quantity. One of the main reasons we don’t have a firm result from the bulk sample yet is that we don’t have an accurate weight or assay for the flotation concentrate. The only method available to accurately weigh the product is to load it into trucks and put them on a scale (ie when we sell it). Sure, we have a ballpark number, but that’s not even close to good enough for a reportable figure.
So we have a good handle on the gold in gravity concentrates. We also have a good handle on the grade in the tailing (the gold that was lost in the process), and this indicated the mill was highly efficient at separating the gold in the bulk sample (great news).
More good news, we are close to shipping the gravity concentrates to the end-buyer, and once a few more assay results are in, we expect to do the same with the flotation concentrates. This will enable us to properly weigh and sample the flotation concentrates. It’s just taken us a little longer than expected to get to this point.