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amarksp

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amarksp

Re: amarksp post# 415

Wednesday, 07/09/2003 7:10:54 PM

Wednesday, July 09, 2003 7:10:54 PM

Post# of 1571
small test heap-leach program in late 2003...

Anyone know when the test leach program results are due out? If Chester Millar's alchemy can increase gold recoveries from 67% to 72% or better, this would have a very significant impact on the project IRR... Any thoughts or opinions here?

from the RBC report:
"Alamos Gold intends to complete a small test heap-leach program in late 2003. At this time, the company is proposing to develop three, 2,000-tonne pads containing oxide, sulphide and mixed ore. The program is to evaluate several aspects in an
attempt to improve recoveries, including finer crushing of the ore and agglomeration."

Looking at that Enterprise Value Chart, am glad I own both Alamos and Metallica Resources...

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