Replies to post #135350 on Sarissa Resources Inc (SRSR)

[es1]

The Nb grade was known, and then verified. You could have said that, in your opinion, based on the Nb grade, the SOE found it wasn't feasible for them to proceed. But, instead you tried to make it sound like they found very little Nb at all, which has been proven false

Actually I didn't try to make it sound any way at all I used the proper terminology..

Here is what I am talking about. As you see it really doesn't matter what the assay results say. All they say is there is NB in the rocks. It DOES NOT tell you what grade of pyrochlore concentrate you will end up with. That is based totally on the other minerals in the ground and the process used.

After the ore is mined it is finely ground and beneficiated (separation process) by flotation and high-intensity magnetic separation to remove iron minerals. In Canada, nitric acid can be used to remove apatite, and in Brazil a chloride leach process is used to reduce the barium, phosphorus and sulfur content. The end result of this physical processing is a pyrochlore concentrate grading 55-60% Nb2O5. Most pyrochlore concentrates, however, are converted into a standard-grade ferroniobium for use in applications where the retained impurities can be tolerated. For applications requiring higher purity levels, further processing is required to yield purity levels of ~99% such as the levels found in niobium oxides and vacuum-grade ferroniobium.

So for the sake of argument if the ground also had a high uranium content that radio active waste product would need to be disposed of properly and could create a large cost that we have no idea of.

So do you understand the difference between Having NB and processing NB?

And based on your response, you still don't get it that WE MAY NEVER SEE the test results from the SOE, because the results are their property, and no other reason. It may have been completed in 5 minutes, it may take another year. We do not know, because SRSR does not have any rights to the data, or control over the study.

And based on your response you obviously don't listen to what the CEO says...

Under the terms of the amended LOI signed with the SOE, Nio-Star is entitled to receive copies of the reports from these studies.