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Hoge670

02/26/18 11:12 AM

#23389 RE: Captain Black Bob Blanco #23383

I can say that we should average 5 grams per ton Au from our VAT leaching system.”


I guess the big question is what will this have on the bottom line if this is indeed correct?
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JTrox

02/26/18 11:56 AM

#23394 RE: Captain Black Bob Blanco #23383

This is VERY WELCOMED NEWS!

Some will try to discrete the Elena update because they've had so many problems there, but there would be no reason to say they "feel they've fixed the problem" unless they were optimistic their solution is working. Maybe it won't work, but the last PR was very negative for Elena so things are looking up.

To state what they did means they've had some success in releasing the gold from the pad (probably in a smaller test area)... whether it works to conduct consistent gold pours is yet to be seen.... Looking forward to continued updates in March.

If we have good fortune maybe we'll see some gold sold from both mines next month... Not sure why anyone would hope different.