CAPITAL MARKETS

Process choice the key to refractory door

SIPA Resources has a frustrating problem. It is sitting on a resource of 600,000 ounces of gold with an in-ground value of more than $350 million. It is hard to imagine that being a problem, but it is, because the Perth-based junior can't actually get at the gold.

MiningNews.Net

$Process choice the key to refractory door$

The gold resource, located under its existing Mount Olympus project at Paraburdoo, in Western Australia, is what is known as refractory. That is when the precious metal is trapped within a sulphide orebody...

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