I keep wanting to believe, but the more I think on this, the more the logic doesn't add up. I'm convinced the rumblings about a supposed drilling program is another red herring.
Latest official word from the company related to actual mining/productions was on July 2. It stated 70 pounds of precipitate is currently being dried and prepared for smelting.
Has this 70 lbs or precipitate been officially determined to be unrecoverable? What about the other 250# of zinc sludge from over a year ago?
How does a drilling program to explore "bonanza grade" areas resolve the leaching problems? The issue that has been stated in PRs isn't an issue related to grams per ton in the material being processed. The previous assays supposedly demonstrated 9 grams Au and 50 grams Ag per ton. The issue was how to recover (i.e. leaching/refining process issues). Drilling and assaying "bonanza grade" areas doesn't address the leaching/refining issues.
What happened to the expert supposedly helping out Lemas with the recovery process?
According to PRs, the issue with the leach pads was supposedly too much salt in the magic sauce. Yet, nothing was re-stacked on the pads. Instead a VAT system was created and implemented. Yet the last we've heard is the precipitate was still drying.
Until the chemistry issues have been solved, "bonanza grade" zones and sheers won't put gold in the coffers.
That's the issue Mexus has to figure out before gold can be produced. Otherwise they are going to ruin their "bonanza grade" ore too.
