Searchlight Minerals Corp. (SRCH)

[EasyBet]

The recovery rate should mirror an open pit mining operations at 80% of .50 opt I think. Look at the original chain of custody assay result to get a picture of what's in the slag pile. I don't even remember how many holes were punched.

Production costs were estimated at less than $250 per ton way back when the first process was being developed. Additionally, it was intended that the proceeds would separate all the elements in solution and bring them all back to their normal state. I ideas was to sell off the silver, silicon, copper, iron, etc. and use proceeds to pay for production costs. Of course, gold was only $400 per once at that time.

If I remember correctly, the copper circuit actually worked pretty good.

I don't know if that idea has been carried forward to the new process but some research of the filings over the last couple of years could be revealing. The gold is enough for me.