Lance:
I agree with your opinion of Rick “The Rock Man”, and enjoy reading his posts. With a closer proximity, I think our combined expertise could be put to good use on several projects. I also understand the many pitfalls of “going it alone”, but I’ve never understood the need for an extra middleman when selling ore/cons/metals from a project, unless it was government mandated.
Normally, a courtesy phone call directly to a refiner will achieve the same results without a broker dipping into your profits. From the limited info on Kettle’s (Keith) project, it sounded like he’s beyond the need for a good geologist’s services and is in more need of an extraction metallurgist.
So, how is your own project progressing?
Keith:
I still think you’re between a rock and a hard place. I had made the assumption (my bad), that you already had concentrates for sale and were looking for a better market. Instead, this was just a mental exercise to see if it’s worth the time and money to invest in this project. Until you actually have a system in place producing continuous concentrations (instead of say,,, assay numbers on paper), then no one can give you an honest answer for cost to process your product. Rock,,, You,,, Hard Place!!!
IMO, if your 2 possible buyers are going to charge you only $1000./ton to process your future cons, then I suggest you have them put it in writing, and proceed full steam ahead. At 6 to 8 oz/MT of gold, plus silver, copper and lead, minus your capital investment, mining, milling and transportation costs, you should still turn a nice profit at today’s metal prices.
Unfortunately, the 1 to 4 tons/week (approximately a 55 gal. drum/ton), will probably not interest the Big Boys. For them, it takes the same amount of paperwork to process one ton as it does for 10,000+ tons. You don’t need to be an accountant to understand that one. What would interest them is an improved concentration ratio. A lot of serious people would be happy to talk to you if your cons ratios were enriched another 10:1. That’s probably were an extraction mineralogist or metallurgist would benefit you in long run.
I don’t know where you’ll find said person(s) as most of my work these days has been in Mexico, and I’ve been out of touch for a while with almost anyone here or in Canada that could help you. Think about that idea before investing, as this info could also determine the type and size of recovery plant needed.
When you get time, let us know how your project goes, and good luck. :mrgreen:
John