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Re: DDHunter post# 68224

Friday, 07/27/2012 10:48:06 PM

Friday, July 27, 2012 10:48:06 PM

Post# of 101798
How much GOLD is on SNEY S.L. Claim?....

GOLD CONTENT IN THE CONCESSION

(a) In the Pampana Channel:
(i) Assume the grade of 0.811 gm/m3 recovered by 1950 Dredge for a section of south of the concession holds good for dredgeable sections, then the gold content is 973,200gms or 31,293oz.
(ii) Assume that depletion due to illicit mining over the years is set at 30% then the gold content is reduced to 21,905ozs
(b) In the Flanking Flats and Terraces:
Weighted Mean grade = 0.0098oz/yd3
Gravel Volume = 47,155,200yd3
Assume 70% of gravel would be economic, volume is reduced to =
33,008,640yd3

Gold content = 323,485ozs at gold’s current value holding steady at well over $1,000 per ounce.
Depletion of 15% Gold due to
previous mining - lawful and illicit,


THE ANSWER ATTENUATED IS:
************************************************************
**Gold content is reduced to = 274,962ozs**

************************************************************

How Valuable is that GOLD on SNEY S.L. CLAIM ??


274,962ozs X $1,600 ( today's value est.) = $439,939,200 just in GOLD


How Easily can SNEY get the Free ( visible) GOLD through dredging??

"We are deep into the second month of dredging operations on our Pampana River Project in Sierra Leone. Production has increased daily for the past 3 weeks. Visible gold production is up, from 1.5 grams to 3 grams per ton of feed gravel. We are now recovering more than the estimated *100 lbs./ton of rare earth black sands concentrate from each ton of feed. Management believes that over 80% of the free gold remains in the black sands concentrate. We clean the sluice out at the end of each 10 hour shift.

WHAT'S THIS STUFF that SNEY is also recovering from the feed process in addition too the visible GOLD??


" *100 lbs./ton of rare earth black sands concentrate from each ton of feed"

HIGHLY CONCENTRATED AMOUNTS OF RARE EARTH ELEMENTS ARE THE ACTUAL BI PRODUCT OF THE GRAVEL FEED PROCESS.

These RARE EARTH ELEMENTS ( REE) are actually in molecular from ( combined with other elements ).


How do you extract The PURE Rare Earth Elements??

That is actually a VERY DIFFICULT AND LABORIOUS PROCESS TO DO. You need the right expertise and equipment, and each process varies depending on the initial moleculer structure.

Does SNEY have such expertise??

YES.....

SNEY has Alexander Beckmann. Mr. Beckmann is an advisory Board Memeber on SNEY. He has decdes of minerological Experience including advanced degrees in the chemical and geo physics arenas.
His specialty is designing systems to process and extract REE. He is currently working on the SNEY sampled material at HAZEN Inc. in Colorado. The goal is to design a pilot processing plant to extract the PMG ( gold , silver, etc.) , PMG ( platinum metals group) , and to get the most concentrated form of REE deposits. These REE deposits will still require further processing through chemical or fire catalyst reaction methods in order to get the pure REE. But, even refined concentrates of REE are very valuable and highly desireable to a variety of sources Globally. These REE concentrates only add to the Value potential of SNEY's Sierra Leone claim.


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