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Tuesday, April 24, 2012 10:14:01 PM
in todays FR:
The company continues to stockpile black sands from all operations for future processing. This processing is expected to commence in late June 2012. The process employs advanced recovery technologies including that of nano gold recovery and has the capability of operating throughout the rainy season.
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This doesn't say that we've purchased equipment for this, or that it's going to be processed 'on site'. Just that it's going to start in June.
from the December FR:
The results of the assay reports continue to indicate high levels of gold in our samples and Sierra Gold Corp. acknowledges that a portion of the gold is at the micro level and is not attainable for extraction on site. Sierra Gold will be required to transport the concentrates (black sands) to a processing plant, which may be out of country. The company is currently stockpiling this product with the aim of recovering as much of this micro gold as possible. We continue to explore various options in order to have these AU rich sands processed in a way that will show the return on investment that is profitable for all concerned.
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So.... is this a hint that we now have a JV with a company that can process our Black Sands somewhere out of country? Maybe Germany?
and how much black sands do we currently have? 50 tons? 80 tons? more?
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