Funded, thank you for the update. I had checked th
Post# of 1537
Posted On: 02/09/2016 2:55:12 PM
Funded, thank you for the update. I had checked the Pershing website prior to my post and there was no information....just checked again, still no update on website.
I remain concerned with the Press Release. As I noted in a prior post, I anticipated that an expanded Press Release was most likely to occur on/around the time of the Financial Statement. I also noted that I hoped the release would NOT include more Whamma-Jamma untried/unproven extraction techniques. Unfortunately, the 'elutriation' separation method is now being explored in conjunction with 'sonication (aka sonification). The elutriation process has been employed to separate particulate in the MICRON size. This harkens back to the old XENOLIX TECHNOLOGIES (prior iteration of Pershing Resources) method of nano-separation. Basically, the idea behind this extraction techniques is to 'settle' extremely tiny(microscopic) sized precious metals particulate. In a nut shell....trying to fill a thimble with gold fines from tons of 'dirt'. I am bothered by this approach because it may indicate that precious metals in the size and quantity necessary for profitable mining are not present on any of the claims. Additionally, the declaration by PR that the testing will continue does NOT confirm the viability of the sonication method. The addition of the elutriation cell(s) to the circuit indicates that ONLY very fine (microscopic) and very little larger precious metal particulate is present in the ore and/or sands. The reasoning behind my concern rests heavily on the fact that IF larger size (above sub micron/40 micron sized) precious metals were present, the requirement to further process the ore with sonication and elutriation AS PRIMARY SEPARATION CELLS within the circuit would NOT be required. I can understand that the tailing/grinds, etc could benefit from additional processing (sonication/elutriation) BUT this techniques would be SLOW and very limited quantity in product introduction. The exploration of the sonication/elutriation methods leads me to believe that there is a very limited amount (if any) of precious metals available for mining at the claims sites. What is possible is that this method will be used to process old tailings/heaps that may/may not have viable precious metals left that were unrecoverable by standard mining methods. Frankly, IN MY OPINION, I believe it will be a slow laborious method that will remain unviable and unprofitable.
I remain concerned with the Press Release. As I noted in a prior post, I anticipated that an expanded Press Release was most likely to occur on/around the time of the Financial Statement. I also noted that I hoped the release would NOT include more Whamma-Jamma untried/unproven extraction techniques. Unfortunately, the 'elutriation' separation method is now being explored in conjunction with 'sonication (aka sonification). The elutriation process has been employed to separate particulate in the MICRON size. This harkens back to the old XENOLIX TECHNOLOGIES (prior iteration of Pershing Resources) method of nano-separation. Basically, the idea behind this extraction techniques is to 'settle' extremely tiny(microscopic) sized precious metals particulate. In a nut shell....trying to fill a thimble with gold fines from tons of 'dirt'. I am bothered by this approach because it may indicate that precious metals in the size and quantity necessary for profitable mining are not present on any of the claims. Additionally, the declaration by PR that the testing will continue does NOT confirm the viability of the sonication method. The addition of the elutriation cell(s) to the circuit indicates that ONLY very fine (microscopic) and very little larger precious metal particulate is present in the ore and/or sands. The reasoning behind my concern rests heavily on the fact that IF larger size (above sub micron/40 micron sized) precious metals were present, the requirement to further process the ore with sonication and elutriation AS PRIMARY SEPARATION CELLS within the circuit would NOT be required. I can understand that the tailing/grinds, etc could benefit from additional processing (sonication/elutriation) BUT this techniques would be SLOW and very limited quantity in product introduction. The exploration of the sonication/elutriation methods leads me to believe that there is a very limited amount (if any) of precious metals available for mining at the claims sites. What is possible is that this method will be used to process old tailings/heaps that may/may not have viable precious metals left that were unrecoverable by standard mining methods. Frankly, IN MY OPINION, I believe it will be a slow laborious method that will remain unviable and unprofitable.
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