Thursday, March 17, 2022 12:34:36 PM
Add on: Had heard via 2nd party that GFG said they expected zero recovery on at least one core, they picked it as worst case, Yet they got 18% of the gold out anyway. Bill said he can not understand being how impermeable that core was how any gold was pulled out of it, yet 18% came out. This is amazing good news.
The bad news is they will not be in production in the next year, but maybe in 2 years,
My best guess at this time is it will work. This will be one of the biggest revolutions in gold mining. As they put it it is so cheap to do that a mine that would get 97% gold recovery yet lose money, could with this get 40-50% recovery and be very profitable, the same mine. GFG owns 9% roughly of G11. And they may get $125+ million dollars of profits off of this first use of Choridate In-Situ gold mining at Rattlesnake deposit.
Recording will come out of this webinar
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