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Bullboard - Stock Discussion Forum Spanish Mountain Gold Ltd V.SPA

Alternate Symbol(s):  SPAZF

Spanish Mountain Gold Ltd. is a Canada-based exploration-stage resource company. engaged The Company is engaged in the acquisition, exploration and development of mineral properties. The Company is focused on advancing its 100%-owned Spanish Mountain Gold Project in southern central British Columbia. The Spanish Mountain gold project is located about six kilometers from the village of Likely... see more

TSXV:SPA - Post Discussion

View:
Post by Wangotango67 on Feb 26, 2021 1:03am

GRAPHITES

Wrote - a post on ( ceo.ca ) and well.... it gotr zapped.
All my post content was gone.
So, i'll rewrite it - parphrase - keep it short - to the point

- couldn't find the pie chart that depicts the percentage of carbon ores
- ( second guessing myself )
- i deleved into the Tech report and found the 4 ores
- PAGE - 102      ( 2019 tech report )

- argillites = 10.9%
- tuffs = 13.9%
- siltstone = 12.6%
- crystali tuffs = 15.4%
= 52% carbons

- argillites - known for graphite
- tuffs - if ryholitic - clats and lime - sometimes
- siltstone - shale and slates - known for graphites 
- crytal tuffs - sometimes
= 2 strong ores that possess high potentials for grpahites


- i then searched for the ore separation prior to - flotation / extraction of gold
- couldn't find it
- this is important 
- it will detrrmine the amount of discarded ores prior to flotation

- i singled out one ore class - argillites
-  1.25% head grade was used for flotation recovery

- i subtracted this 1.25 argillite headgrade with original 10.9% argillite
= 9.65% appears to be the facotr of discarded argillite

- in the GT study - it reported that graphite was an issue during acid flotation
- grapgite consumed more acid


- the trick here is not nessisarily focusing on the - 1.25 argillite / headgrade
- but moreso, the 9.65% discard + other discards and asking the question
= if graphite was stil lfound in the 1.25% headgrade
= how much more graphite could be found in the 9.65% discard ores ?
= which points to the ore separation phase
= how much more graphite could there be ?

- there are two kinds of carbon graphites 
- ferro + nonferro ( inorganic + organic )

- organic graphites ( plants etc) can hold a charge = graphene potential
- inorganic / ferro - metallic can be used for severa lother applications - for its carbon value

Not to flog this graphite  topic to the point of, turnoff...
But, if a secondary mineral credit could be inserted with in the - PFS  -
I'd say...graphite would be my firsrt choice.

if 1.25 headgrade stil lhas grpahite in the argillites ]
then... there's a high probability there's far more in the ore separation being - discarded.

Were in a bull markert for GOLD + BATTERY METALS ...
each of these credits would complimdent another

as mention on ceo.ca - i highly advice SPA to revisit the graphites 
in all 4 ore categories
searchinf for = 2 kinds of graphite
arriving at each kind with own percentages in ores

if  ever feasable = tacking on a second mineral credit
such would super chargre the - economics
mine planning - modelling along with reclamation = most likely have to be reconfigured.

Hopefully i've addressed this topic of graphite appropriately....
If i've errored - certainly not intentional ...
Please chine in to correct if any errors...
Thanks in advance.

On another note - appears Imperial is seeking to chase their copper with
an underground mine. Jeeze, i have to ask, how much copper could be recovered
using an underground mine model vs open pit ?
Not ot mention the - costs associated and diff permits required to do so....
VERSUS - peerring over a few ranges - few km away  -
and crunching the numbers of recieving feedstock from, SPA...?
= there's an advantage in the short term - pulling gold out with a potential graphite 
VERSUS - Imperial running the gamut of - underground minjng and waiting for permitting
Just, my own observation.



Wango~
Comment by goldhunter11 on Feb 26, 2021 12:39pm
Wango, One poster at ceo.c/spa did quite a bit of work on potential RE (economical) of graphite, but some other posters have already contacted SPA for their opninions. The company has replied (excerpt, available on ceo). Essentially, SPA was aware of graphite occurrence, but also recongnised that to add a by-product stream (graphite) to their main objective of finding and selling gold, they would ...more  
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