Tuesday, December 11, 2012 2:56:00 PM
IMO The reason they took the samples is in blue.
It should be 100% expected to have taken samples for this reason. Nobody who is successful in business hands over millions on the word of the person selling. The bold supports your statement as does the rest of the information. So I am not saying you are wrong I am saying that this is not the ONLY reason they took them.
They will check for themselves.
this is also why Scott made the statement he did
These tests may be used toward the Study
They WILL be used for the study IF there is a study. There WILL BE a study IF the samples show to prove it is worth the effort to the Chinese metallurgists.
IMO If the samples they took live up to what Scott has told them they will follow through on the deal and will take Scotts numbers for granted. If the numbers dont jive we will hear about the deal falling through some time in the spring and we will just get silence from the company at the end of Feb.
The basic mineralogy and geology of a deposit dictate the plant design and testwork requirements and it is important that the whole team has an appreciation of the extractive metallurgy of the ore. For this to occur, process input is required early in the exploration phase to ensure that potential process issues are addressed. For example, exploration drilling and geological analysis can infer a potentially economic gold deposit based solely on gold grades. However, process factors, such as refractoriness leading to low recovery or gangue components leading to high reagent consumption, can complicate the processing of the ore and may render the deposit uneconomic.
It is necessary that such issues are identified and understood so that process variables can be assessed throughout the evaluation phase.
Metallurgical testwork can be used to evaluate process options that, in turn, can significantly impact on the exploration and geological requirements.
It is also important that the exploration and mining teams have an understanding of the potential process implications of the ore. It is not uncommon that a deposit is almost completely explored and a mine plan developed without qualified process input. This can create a disjointed approach to the development of the project. The mine plan can be completely in disagreement with the optimum processing requirements. Either the process design has to be modified to suit the mine plan or a new iteration of the mining plan is required to better suit the processing requirements. Either way, both money and time can be wasted. The optimum mine plan must recognise the balance between low cost, bulk, non-selective mining and the requirements of the process plant in treating the different ore types within the orebody.Before designing a sample collection and testwork program, a thorough understanding of the ore types to be processed is necessary. The process design team must be able to categorise the deposit into areas possibly requiring different processing methods. Therefore, the first stage in the process design must be a complete review of the geology and mineralogy of the deposit. In parallel with this, the mining methods and mine plans should also be assessed. Whilst the results of testwork programs can be used to differentiate between ore types, the cost and time requirements for testwork programs can be reduced significantly through prior use of geological and mineralogical data.
this site actually has a lot of good info on various tests and explains what they do and what they are used for.
http://www.mets.net.au/mineral-processing/metallurgical-testwork.html

