Q: Further to my earlier question I would appreciate your comments on both TKOs mining/refining processes and an evaluation of the stock's potential.
My research suggests that the company has a significant mine, Gibraltar, in BC and a copper in-situ mine under construction in Florence, Arizona which should be operational within 3 months. It is my understanding that a major pilot project at the Florence mine has been very successful using the in-situ process. In this process the ore body was drilled and fraced, a low ph solution is pumped down the drill holes dissolving the copper and then pumped back to the surface. The copper retrieved from the solution was of cathode grade. No crushing or smelting.
There was considerable public support from the environmental community when this pilot project was completed.
Please correct any errors in my comments/statements as the results of this process appear to be too good to be true.
With appreciation,
Ed
My research suggests that the company has a significant mine, Gibraltar, in BC and a copper in-situ mine under construction in Florence, Arizona which should be operational within 3 months. It is my understanding that a major pilot project at the Florence mine has been very successful using the in-situ process. In this process the ore body was drilled and fraced, a low ph solution is pumped down the drill holes dissolving the copper and then pumped back to the surface. The copper retrieved from the solution was of cathode grade. No crushing or smelting.
There was considerable public support from the environmental community when this pilot project was completed.
Please correct any errors in my comments/statements as the results of this process appear to be too good to be true.
With appreciation,
Ed
5i Research Answer:
The review in the question notes is accurate. The Florence mine in Arizona is indeed an in-situ...