Replies to post #139444 on Sarissa Resources Inc (SRSR)

[es1]

So one at a time...

So if it's the problem you say it is, then why would Shandong have been interested and come to the site in June 2012?

I would think this is self explanatory. You dont buy a house without looking at it first right?

What about the fact that the elevation is above the lake?

Quite true.
The surface of the land is above the lake.
Are you expecting to just pick up the niobium on the surface or are we talking about a pit?
Answer Pit.

And how deep is this pit?

Well how deep did they find niobium?

Our holes are 200-300m deep and we just did a deeper one to see if the minerials go deeper.
And how far above water level is the land?
Answer: about60 meters.
So the pit will be dug somewhere around 200M below water level. 200M= 656 feet.... AKA equal to hoover dam.


And please note this would be in perfect perspective. The lake would be where the lake in the picture is and we would be mining in the hole where the hydro plant is the picture.
The base of this dam is 200M wide. How far from the lake are we talking about putting the pit?

How about the adit? If it was a dam issue, then wouldn't the adit be flooded?

Well for one the audit does not go below water level. But beyond that miners understand the costs of waste water. Audits and entry tunnels in the sides of mountains are always dug with a slight upward angle if it is possible. This allows natural drainage out of the mine.
If the audit is at an angle down into the ground it will be flooded. Just natural rain water would seep in from the surface.

A pit is nothing more than a hole open to the air a hole to fill with snow and rain run off. Wait about 1 year and the pit will just be another lake in the area.
So a hole 300M around getting 36 inches of rain a year is somewhere in the area of 2 million gallons of waste water a year they need to dispose of. That is only from rain not snow or run off from the hills above.

IMO they would be better off without a pit mine

Maybe SOE wanted a look and realized the environmental impact would be very expensive.