Originally Posted by
Waikaka
Its the unfriendly chemicals that get the best recoveries of gold. Clean water is needed to process any sort of volume of material with a concentrator. Otherwise you would need huge settling ponds to get water usable again, never heard of underground settling ponds. I know concentration doesn't end up with gold ingots, just reduces the amount of truck movements from the site as the material still goes to a processing plant where they will be tolled out of existence. A lot of cost to try and potentially get a consent.
Bulk sampling permit is from 2013, hasn't really got them cracking for the last 10 years right? As soon as any sorts of volumes go through they will need more resource consent, just because they are underground doesn't mean their discharges magically avoid the RMA.
Terra firma are not mining, seems like from the rights issue they are mainly working on health and safety documentation. I cant believe they don't even have Worksafe permission to work in the mine.
I have no skin in the game and been a long time since I worked hardrock but this is so far from a economically working mine. There is going to be huge amount of money needed between now and actual money back to shareholders. Best of luck, just understand that mining is really tricky, complicated and the restrictions on these sort of activities means it is only getting harder to get anything done at a reasonable cost.