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Re: None

Wednesday, 02/25/2015 6:25:40 PM

Wednesday, February 25, 2015 6:25:40 PM

Post# of 1752


I just went back and checked their most recent press releases for information related to Dun Glen gold recovery.
I found these two items, which I excerpted below:


Nov 24

Gold Recovery Circuit: currently, we can run this circuit 2 hours a day, at 60 yards per hour of thru-put.

With planned equipment upgrades, the yards of material through the circuit can be increase to 70 to 80

yard per hour. With the additional water for the Dual American-Jigs and installation of cutting tables,

this equipment, once activated, will result in a greater gold recovery per yard.



Dec 2

Additionally, Dun Glen expects an improvement in production recovery in 2015 due to (i) the additional water processing capacity, (ii) a secondary recovery system, and (iii) permitting modifications to maximize the recovery of gold.

Many factors will play a part in the overall increase of gold production at Dun Glen including, but not limited to, the increase of water availability due to precipitation, and the implementation of a secondary gold recovery circuit, which will capture the fine gold and concentrate the gold-bearing black sands, all of which are subject to potential reduced operations, due to sub-freezing temperatures (the processing plant can operate above 23 degrees F.).


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We've had positive news this week about United Milling. Therefore, based upon the previous PRs, If Dun Glen is to be considered progressing, it would need to release positive information or updates about some or all of the following:

The "planned equipment upgrades" (which I assume means improving current equipment) for "cutting tables" and "Dual American jigs", etc.

Adding a "secondary gold recovery circuit" (which I assume means a second production line to join the existing one).

Water status and temperature rising above 23 degrees.

Projected or actual numbers about the amount of gold the company will get and sell.

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It could be that management restructuring caused delays in reaching the Nov 24 and Dec 2 projections.