Classic!..
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Can someone post Level 2 please.
Thanks,
Rod
Thanks Don.
This was a great read Peter ⌠very informative. Thanks for the link!
I passed info along. after two trading sessions people questioned what I wrote. Week wasnât even over to bash the info. talk to me on tues. Not that I think it will matter but at least give it a week. LES is LES some shit he says is forward I know that. now you do
George you need to Stop giving this man too much credit. Look what heâs done over the years with the BS that has come out of his mouth. This is Now in Aurynâs hand. Looking forward to the end of the year.
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WTF. Has Auryn done for our share price?
Most likely they know things re mineralization theyâre not sharing.
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Sorry, removed by me.
Yes Dent you are correct they havenât done anything about the SP. But this release is what I have my eyes set on by the EOY
AURYN is working toward the exploitation of the Caren Mine. We have hired a team of Peruvian experts in underground mining. They have completed the project engineering and mining layout. According to the current exploitation license the maximum tonnage of production allowed is 5,000 tons per month. AURYNâs engineers plan to achieve this level of production within the next 6 to 8 months with a cut-off grade of 15 g/t of gold once production begins.
We expect to start mine preparation during the second week of June. Mine preparation will take approximately two months.
The $100M was Auryn/Letts. Letts walked and the $100M walked IMO
Would like to know more about Auryn/Masglas like what they know and who they are
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DD, Also not mentioned explicitly, but in the past unprocessed tailings have been mentioned. Most recently:
If that information pans out, I wouldnât be at all surprised to see a gravimetric Falcon system used to process these tailings well ahead of exploitation on the Caren Mine.
We expect to start mine preparation during the second week of June. Mine preparation will take approximately two months.
We have conducted metallurgical test runs at recognized laboratories in Chile and Peru. These have resulted in an average gold recovery of over 90% from concentrated ore obtained by a gravimetric Falcon system. Based on this, AURYN expects to produce a total of 5,000 troy ounces of gold in 2016 and over 25,000 troy ounces in 2017.
http://aurynmining.com/category/news/
Also note:
Fortuna de Lampa is an old mine that was active during the 1960âs. Reports from those days show a total production of 280Tn of concentrate grading 92.3 g/t Au, 133,7 g/t Ag and 0,8 %Cu.
ALTOS DE LIPANGUE
It may be a jump, but the report from the 60âs specifies âconcentrate grading 92.3 g/tâ which suggests to me this was from floatation and/or gravitational methods not employing chemicals. Older reports suggested tailings on MDMN and CDCH claims contained as much as 5 g/t Au. Artisanal methods using primarily âdry washingâ or floatation (edited by me), if used in the 60âs, would make these tailings very economical to process quickly with a system such as a Falcon Gravity Concentrator http://www.seprosystems.com/sepro-mineral-systems-brochures
New info . . .
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This is all GREAT news!
I especially like this part:
AURYN is also preparing the required mining application in order to obtain the required permitting for an open pit at the Fortuna de Lampa historical mine site.
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Please refrain from passing along anything that Les has to offer. Heâs a unintelligent lowlife that has prayed on peopleâs desperations for way too long. We finally have reached a stage where there is a reliable source of information.
The London group?? What a joke. Iâm assuming some of you realize that Les still speaks to Ulander. Itâs time to sweep the coacraches under the rug and build s more solid foundation to this investment.
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Sorry. Didnât see Kevinâs link. Deleted by me