Thursday, February 08, 2018 3:23:21 PM
"Head analysis of multiple sample splits by conventional and new analytical technology methods resulted in gold assay results ranging from N.D. (not detected) to 0.06 ppm, which is orders of magnitude lower than the content suggested in previous work by Arrakis and back calculated head assays."
"Any form of recovery analysis or assigning a head grade to the resource cannot be achieved from back calculations and will be rejected by the mining and financial industries."
"Although the resulting ‘less than one part per million gold’ in both the PLS solution as well as the VenMet precipitate demonstrates that the process either does not liberate sufficient gold quantities to justify the process or that sufficient gold quantities do not exist in the slag."
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