Tuesday, May 23, 2017

Copper in Florence Arizona - Taseko

Teseko - TKO.t ($ 1.78) has been trying for 6 years to obtain an aquifer permit for an in-situ copper recovery (ISCR) operation. Used mainly for uranium extraction, the company has long touted ... "where a mixture of 99.5 percent water and 0.5 percent sulfuric acid dissolves copper into the bedrock. Then the copper solution is pumped to the surface and processed into copper cathode sheets. The pH of the water and sulfuric acid solution is similar to that of “common household vinegar.”

This is only half correct. The company plans on recycling the raffinate, meaning the solution grows in concentration with each and every pass through the rock. When eventually processed it will be much more than "household vinegar".
From 1996 to 1998, the BHP Copper company developed the project on what is now part of Florence Copper’s site. They conducted a 90-day pilot test to see if the in-situ method worked on the site. Stacy Gramazio, Florence Copper’s manager of communications and public affairs, says that that test was successful.

And that is a dead deliberate lie. Even after being rinsed for over 22 months after a 90 day test more than 20 years ago, those holes still are still reporting unacceptable 'exceedances'. And the reason? Almost certainly because the copper ore is very highly radiometric ... so radiometric that they are the highest levels found anywhere in Arizona.
Bottom line? It was scientifically proven that the ISCR process WOULD leach highly radioactive contamination into the groundwater. (In fact every ISCR ever constructed has corrupted ground water) Has that stopped Taseko and their mindless paid minions?

There is NOTHING comparable to the extremely high concentrations of radiochemicals at the Florence Copper project. (Table 18 page 49)
 Sample quartz monzonite Leach Test

Gross Alpha
8649
Gross Beta
3683
Total-U
4362
U-234
1745
U-235
598
U-238
1611
Ra-226
33.6
Ra-228
Less 2
Rn-222
810



The take it to the bank, black and white conclusion of the experts at the EPA and ADEQ? " data indicate that the PLS produced from the Magma Florence in-situ projects contain very high levels of radionuclides and that they are leachable."

Northern Vertex Mining Corp. - NEE.v

Northern Vertex Mining Corp. - NEE.v is focused on the reactivation of the Moss Mine Gold-Silver Project located in NW Arizona.

The Company is earning into a 70% property interest Joint Venture Option Agreement with Patriot Gold.
________________________________

On May 15, 2017 the company released NEWS

Northern Vertex Mining Corp. (TSX.V:NEE) (OTC:NHVCF) (the “Company” or “Northern Vertex”) is pleased to provide an update on it’s Mine Optimization Plan announced February 23rd, 2017 for the Moss Gold and Silver Mine (the “Project”) located in N.W. Arizona. Subsequent to receiving all necessary permits to commence commercial production, the Company continues to improve the economics and environmental footprint of the Project by moving forward on the proposed construction of a powerline to the mine site as well as the sale and distribution of aggregates derived from mine waste rock.






http://pennystockjournal.blogspot.com/2016/05/northern-vertex-mining-corp-neev.html

Sunday, May 21, 2017

Yardbirds - For Your Love

Gemstones of Zambia

Zambia has the second largest deposits of emeralds in the world and accounts for about 20% of global supplies.

Zambia also possesses Africa's largest deposits of amethyst and some of the best aquamarine in the world.
Unfortunately the country has failed to benefit from these gemstone riches. There’s minimal employment creation. Most of the mines are not owned by Zambians and tax revenue is virtually non-existent.

Many mines in the country operate without a license and smuggle stones abroad. Stones are nearly always unprocessed and don't fetch good prices, as compared to cut and polished products.

The uncontrolled sale of gemstones and lack of accountability are just a few of the challenges being faced.

The open-pit Kagem mine. White pegmatite veins cut across the country rock.
In April 2016 the Zambian government banned the overseas auctioning of gemstones. In November plans were announced for a gemstone trading system to create a platform for buying and adding value to Zambian gemstones.

The opencast Kagem mine is producing between 1 and 3 million emerald carats a month.
Despite protests the new framework appears to be working so far. A low grade rough emeralds auction realized US$15.2 million which was the highest value ever realized. A July auction of high grade emeralds brought US$31.5 million and was the best ever in terms of value per carat sold. All of the 583,448 carats placed on offer changed hands.

Friday, May 19, 2017

Bonhams “Gems, Minerals, Lapidary Works of Art and Natural History”


Mounted Juvenile Tenontosaurus Skeleton. Est. US$ 150,000 - 180,000. Did not meet reserve.
The 431 lot Bonhams auction included mammal, dinosaur and plant fossils; loose and rare faceted gemstones; lapidary carvings by German masters; jewelry; amber; petrified wood; meteorites; gold nuggets; and rare, natural pearls.

The auction took place on May 20, 2014 in Los Angeles.

Massive Ruby Crystal in Zoisite - The Largest Ruby Crystal (over 100 lbs) to be offered at public auction. US$ 100,000 - 150,000. Did not meet reserve.

Ruby scale-model of a dragster. Carved by designer Luis Alberto Quispe Aparicio from solid panels of ruby, the model is detailed with obsidian tires, a gold vermeil engine and a polished rock crystal windshield. The dragster is estimated to bring $150,000-200,000. Sold for US$ 146,500

A vivid green color and large size of 6.83 carats propel this gemstone beyond any other demantoid garnet seen in the marketplace. US$ 130,000 - 180,000. Sold for US$ 125,000
On sale was a collection of 27 rhodochrosites, commonly known as “red gold,” ranging in hue from a light rosy color to the rare cherry-red shade. The group is expected to fetch between $200,000 and $250,000. Reserve not met, sold individually.

The rhodochrosites were mined from the Kalahari Manganese Field in South Africa, representing a collection gathered over many years from a region that is no longer producing.
Chrysoberyl alexandrites are a rare gemstone. The stone has a unique color-change alternating from yellowish green changing to brownish yellow. 29.97 carats. US$ 100,000 - 120,000. Sold for US$ 137,000

Entirely carved from a single crystal of multi-color Brazilian tourmaline with hues of rare blue, purple, green, yellow and near-colorless. US$ 80,000 - 110,000. Sold for US$ 137,000
http://www.bonhams.com/

Rhodochrosite on Manganite

Rhodochrosite

Scheelite

The iconic lead statuette of the Maltese Falcon from the 1941 film of the same name.

One of two known cast lead statuettes created for use in John Huston's screen version of The Maltese Falcon, the "bent tail feather" bird, and THE ONLY STATUETTE CONFIRMED BY WARNER BROS. ARCHIVES AS HAVING APPEARED ON SCREEN.

It sold for US$ 4,085,000.

Thursday, May 18, 2017

Nighthawk Gold Corp. - NHK.v

Nighthawk Gold Corp. - NHK.v is focused on the Indin Lake Gold Property, a 222,203 acres or 900 square kilometres land package located 200 kilometres north of Yellowknife, Northwest Territories.

An inferred Mineral Resource estimate of 39.81 million tonnes with an average grade of 1.64 g/t Au for 2.101 million oz gold using a cut-off grade of 0.6 g/t gold is defined at its Colomac property.


___________________________________
On May 17, 2017 the company released NEWS

Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX Venture: NHK) is pleased to announce that it has received conditional approval from the Toronto Stock Exchange (the “TSX”) to graduate from the TSX Venture Exchange and list its common shares on the TSX. The Company will continue to use the stock symbol NHK for trading on the TSX.








http://pennystockjournal.blogspot.com/2016/10/nighthawk-gold-corp-nhkv.html