Mexus Gold US (MXSG)

[TMLonggun]

Git,

You can't have it both ways. You argue we need detailed test and feasibility work to make a project run properly yet object when we spent a year testing and proving it up with actual test production, ie doing exactly what you wanted. The glass isn't half full. This is a 10 year mining project that seems like it will be completed in less than 10 years. If a 10 year project gets completed in 8, that is good and ahead of schedule even with a year of "ineptitude." If we flip the scenario, and imagine a typical junior say 5 years into its dev cycle and they spend a couple years working out metallurgical kinks and doing lots of bulk samples, column and roll tests etc - I almost can guarantee you would describe that as "typical" vs "ineptitude." The work/time/money etc seems to get spent no matter who is in control or what route they take. Yet Mexus' shoestring approach is still doing this for much less time and money than a typical open pit heap leach mine.


The previous discussion was in regards to how long it takes to leach gold with cyanide under typical conditions - anywhere from a few weeks to a month or two for decent recovery, then residual recovery for several years. That is accurate. What we did not discuss was how long it would take to iron out any metallurgical issues. Gold grades rose during leaching but so too did contaminants like clay and lead along with other factors that changed the PH balance and made recovery difficult, even if the grades were initially rising as intended.