JRV 3.13% 16.5¢ jervois mining limited

****the some old story****

  1. 34,639 Posts.
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    hi guys..

    i've been looking at this so called great project in young N.S.W

    see below some previous announcements in the quarterly reports. makes interesting reading...

    just shows these guys are spinning the same old story year after year.

    I STRONGLY SUGGEST YOU GO BACK AND READ A FEW QUARTERLY REPORTS..

    DON'T BELIEVE SOME OF THE BULL THATS BEING SAID ON HERE. MOSTLY BECAUSE THEY HAVE A FINANICAL INTEREST.

    the only difference now is we more investors trading on-line thus your getting higher price spikes. mostly by short term traders.

    30/4/2002...!!!!!!!!!!!!!

    NEW TECHNOLOGY FOR NICKEL / COBALT LATERITES
    The Company is testing alternative technology for the recovery of
    nickel, cobalt and scandium involving acid heap leach at atmospheric
    pressure and at ambient temperature conditions. The preliminary
    testwork on the 15 dry tonne sample from Young, NSW has been
    completed. This involved continuous small scale leaching tests in
    Reno, Nevada. The results were encouraging but not as successful as
    anticipated partly due to technical problems. As a consequence the
    large scale tests on the bulk sample have been postponed and a
    further series of scoping tests will be requested. These extra tests
    will require up to six months to complete.

    31/10/02..!!!!!!!!!!!!!!!!

    YOUNG - NSW
    Exploration Licences 5527, 5571 and 5152

    Metallurgical testwork continues in Reno, Nevada with the objective
    of further assessing the effectiveness of acid leach at atmospheric
    pressure and ambient temperature on sample taken from the Young
    resource. The work is progessing well and a formal report is expected
    later this calender year. The Managing Director visited the
    laboratory in early September to assess the program.

    31/1/2003..!!!!!!!!!!!!!!!!!!!!!

    EXPLORATION FOR NICKEL/COBALT LATERITES

    NICKEL/COBALT/SCANDIUM

    YOUNG - NSW
    Exploration Licences 5527, 5571 and 5152

    The Company's major assets are located on its Exploration Licences in
    NSW where extensive deposits of nickel, cobalt and scandium in
    laterites have been identified by drilling. Testwork to identify the
    best method of recovering the nickel, cobalt and scandium has
    continued and the Company is presently assessing a new process on
    offer which seeks to recover these metals by acid leaching at
    atmospheric pressure and at ambient temperature conditions. A repeat
    series of scoping tests on sample drawn from a 15 tonne bulk sample
    was completed in November 2002 and a decision on future work should
    be possible later in the year.

    INTERIM REPORT ON CONTINUOUS COLUMN TESTING

    A number of issues were identified in past testwork that needed to be
    resolved prior to embarking on the proposed large-scale bulk test. As
    a consequence, an intermediate scale of column testing was carried
    out and the Company received a formal report on this testwork from
    TTS Inc based in Reno, Nevada.

    In broad terms the testwork was encouraging in that the objective of
    achieving 80% nickel extraction within a practical time frame was
    achieved. Some new problems were observed with the saprolite segment
    of the resources. It has therefore been decided to carry out more
    intermediate scale testwork later in the year possibly blending the
    saprolite and weathered serpentinite resources.
 
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