I don't think it would be even the smallest blip on their radar. OGC and NTL are completely different businesses.
Printable View
Sure OGC is a different business model,but they would be fools to not be looking at how NTL are getting things done.Under Labour and the Greens OGC would not be expecting much in the way of expansion.But the NTL model seems to be working,and I am sure OGC are watching closely.
FYI that little mine produced 83492 oz of gold last year,but they are running out of ore.OGC are looking at the Martha vein,to add possibly another 10years to the mines life,but they do use cyanide to recover the gold,which is going to be a hard sell to the greens.
They are going to be very interested in how NTL get on with regard to extraction and resource consents,to suggest otherwise would be an insult to OCG.
Sooo, assay results, today or tomorrow?
My understanding is that the work that NTL are doing at the moment is in investigating how good the gold recovery of the ore is with the pilot plant. The question is will the pilot plant give good results in gold recovery? If the results are good the environmentally friendly plant can be scaled up , if not then another recovery method is required.
Yes but the assay results are more important at this stage.you can't plan anything without knowing how much gold you can expect to produce.This from the announcement last week:-
As previously announced the pilot plant has commenced processing batches of high grade ore for which assay results will be announced in the next week.
Going to AGM next week I have decided.
Will let you know if the team are smiling or not.
I have found that their is a big gap in perception of this company and stock, between what is read on here, what the company releases out as notices, and what is said verbally at AGM's.
Very happy with you going. I too had intended to ask some questions regarding Directors spending but have a meeting in Ch-Ch.
I don't think you can compare Waihi mine and Talisman mine
You are best to read through some of the announcements over the last couple ofyears to get a better feel for it. Talisman have a number of veins and areas ofhigh-grade concentration.
Notes from a couple of announcements awhile back:
Results from Mystery Vein Extension
Eight tonnes of ore have been removed from the face and the results ofregular in stream sampling have identified gold grades ranging from 6.2/t Au to18.2g/t Au for an average of 11.9g/t Au. Silver ranges from 23.0g/t Ag to 37g/tAg for an average of 28.3g/t Ag
Testwork reveals high recovery of gold
Test work Overview
Gold at the Talisman Mine is hosted in three major quartz veins, namely,the Maria, Mystery and Crown/Welcome. Of these three the Maria vein is themajor contributor containing approximately 91% of the mines 469,000 Oz AuEqMineral Resource within the Dubbo, Bonanza and Woodstock Zones. The averagegrade of the resources in these zones is estimated at 22.0g/t, 23.6g/t and6.3g/t AuEq respectively with some 313,000 Oz lying in the Dubbo Zone.
We are all hoping for good results from the pilot plant. All going well we will see them today or tomorrow