Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Re: Glencore...how far from fnc property?
2
Sep 28, 2018 10:30AM

The  Robidoux bulk sample property is ~50km away from New Richmond, QC (http://www.marketwired.com/press-release/fancamp-tests-high-grade-gold-quartz-vein-system-on-its-robidoux-property-located-western-tsx-venture-fnc-1960094.htm ) from my understaning . Ricmond, QC is ~1200km east of   Valdor's Camflo mill (where the first bulk sample was processed )and ~1300km east of Glencore’s Horne Smelter in Rouyn Noranda which they will use this time.  They were originally thinking to have this newer  bulk sample processed in a more proximal mill in New Brunswick. They don't say where but  Bathurst would be the most logical choice as it is only 250km away from New Richmond. So the question becomes, did they send the most recent sample to New Brunswick for milling , with the  benefeciated ore sample then being sent onwards to the Glencore smelter? If that is the case, then there should be some transportation cost savings  based on the presumed reduction of the bulk sample size ( someone here with knowledge might chime in on what the expected reduction size might be) . If however, the original bulk sample was sent directly westward to Glencore's smelter (where it was also presumably first milled , or somewhere nearby) , then there will be no savings on transporation costs and once again this bulk sample processing will be a break-even endeavour (assuming similar grades as the first bulk sample) ...

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