Well, he definitely sent us a letter! We have ourselves a better Caesium mine now coming up with better de-risked results with other stuff too.
Precism and caesium results to hand, Pioneer’s geological consultants from the Mitchell River Group are revising the Mineral Resource Estimate for caesium. Potassium (microcline) samples, which require specialised processing, are currently being analysed, with results expected before the end of April. The open pit design and confirmation economic study are on track to be concluded by the end of May, 2018.
In addition to the targeted caesium (pollucite) mineralisation, broad zones of a range of other alkali-metal minerals, including lithium (petalite and lepidolite) and potassium (microcline) have been consistently intersected within the Sinclair Pegmatite. On the basis that the Board determines to proceed with mining, as the microcline, petalite and lepidolite will be ‘mined through’ to access the pollucite, the Company will stockpile these minerals, and is advancing commercial opportunity discussions for each with third parties
• Regulatory documents are progressively being assembled to permit the extraction of the Sinclair Zone Caesium Deposit; • Detailed pit design scenario work is underway. This will include variants where other pegmatite minerals (including lepidolite and microcline) are extracted for sale in addition to pollucite. From this: • The Mine Plan and revenue estimates will be finalised, the decision to mine considered, and quotes sought from mining contractors; • On the basis that the Board determines to proceed with mining, and receiving the required permitting, the Company is working towards extracting the Sinclair Zone Caesium Deposit during the second half of 2018.
Sounds realistic to me for final analysis forthcoming. Any mining views w27 and other specialists on our new improvement position in the detail?
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