By David Morgan, The Morgan Report
Imagine if someone built a gold extraction-production mill that could:
* Be set up in a few days, on any property accessible by road.
* Have no need for Cyanide/Mercury. Reuse 90% of the processing water/cycle.
* Use water treated with a proprietary, non-toxic coagulant-flocculant formula.
* Side-step most of the permitting due to a small operational environmental footprint.
* Refine gold from ore at an All-In-Sustainable-Cost of less than $400 per ounce.
* Be trucked to a site, set up in a few days, and produce gold - and profits - from Day 1.
You are one of the first to know that this technology already exists…it's being extensively tested and refined as we speak! Earlier this year, The Morgan Report team went to Nevada, in order to see first-hand, a proto-type mobile-gold mill in operation. The multiple-patent-pending process inventors have signed an Agreement with an existing mining company, and are awaiting exchange-listing approval.
How it's done:
Gravity separation is a method whereby gravity (weight) is used to separate heavy metals (gold, silver, lead etc.) from waste material. Particle separation, based upon specific gravity characteristics, is one of the oldest and most commonly used separation techniques. The Company estimated retrieving roughly 55% of contained gold, but on our visit, the yield was more than expected. When this procedure is fully optimized, using Knelson and Falcon concentrators or in line-pressure jigs, 60% recovery rates may be possible. Get report here.
(The Company's) Business Model posits AISC of roughly $350/ounce Gold. The business model will have a customer sign an agreement whereby it processes x amount of tons per year and receives a % percentage of the revenue, usually about 75%. Currently, all-in-sustaining-costs (AISC) are estimated at $300-$350 per ounce of gold. However, economies of scale (i.e. a larger portable mill) could lower production costs.
Small water and toxic waste operational footprint. If the Company can successfully implement its business model, water and toxic-production issue solutions could make them a mining processing standout. The public has never been more concerned about mining impact on the environment, especially in regard to our water resource. At The Morgan Report, we have long favored covering/recommending companies who have shown themselves to be "good neighbors" and environmental stewards in their host countries.
Potential Target Markets down the line. Though the current focus is on small-scale gold ore-bearing deposits or tailings' containing gold amenable to gravity separation, the portable mill processing concept is potentially workable - and economically feasible - for remediation problem-solving in other categories as well. Once current gold-ore processing mobile mills have been fully tested, other kinds of projects beckon. See Report here
In the Military sector, mobile mills could be used to clean up training and testing sites, firing ranges, depleted uranium (DU) sites, and other military operation clean ups.
Environmental Remediation. Mine tailings, industrial and government-related mineral soil contaminations projects could be attractive targets for this technology.
Conclusion: We want to state up front that The Morgan Report staff owns shares in this company - purchased primarily in the open market at more than twice the current price. We truly believe this technology could have a significant impact on the junior mining industry. It may just provide the investor-interest spark which the sector so badly needs at this time. Nevertheless, our crystal ball cannot tell us right now how robust the through-put-to-gold yield will be. The portable mill is definitely operating and producing gold values, but vindication as to the level of sustained production is yet to be fully determined. On-paper assumptions must be formulated into a real-world project acquisition and production model.
Before clicking the button to subscribe to The Morgan Report, consider the following information carefully. First, this is a speculation, and things may take longer to "pan out" than expected. Second, as we said, TMR team does own shares in the original situation. And, if you own a junior mining company with gold ore that will gravity feed, you owe it to yourself and the company to make them aware of this technology - which could potentially make the difference between success or failure for them! For this reason we encourage you to forward this report as you see fit.
And while you're at it...have you considered that putting this information to use could be a game-changer for YOU? www.TheMorganReport.com/SNN
Editor's Note: David Morgan, The Silver Guru, is Editor of The Morgan Report: Money, Metals and Mining. He presents frequently at conferences in North America, Europe and Asia, and is a regular on financial talk shows across the U.S. and Canada. You can learn more about his service at http://www.silver-investor.com/ and follow his perspectives athttp://www.youtube.com/user/silverguru David H. Smith is Senior Analyst for The Morgan Report and a contributor to moneymetals.com. He investigates and writes about precious metals mines and exploration sites in Argentina, Chile, Mexico, Bolivia, China, Canada, and the U.S.
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