What do you do with platinum and platinum group metals? - Page 2
Welcome guest, is this your first visit?
Member
Discoveries
 
Page 2 of 2 FirstFirst 12
Results 16 to 23 of 23
Like Tree45Likes

Thread: What do you do with platinum and platinum group metals?

« Prev Thread | Next Thread »
  1. #16
    us
    Certified village idiot

    Oct 2020
    Dayton Ohio
    289
    523 times
    All Types Of Treasure Hunting
    This is another page that I frequent. It has a pile of useful information and a handful of very skilled refiners. Word to the wise, do a fair bit of reading prior to asking a pile of questions. Many of the refiners are busy guys who are happy to help you but won’t make your lunch and feed it to you if you get what I mean.

    Good luck with your strike. Hope it pays off big for you.

    Goldrefiningforum.com

  2. #17
    us
    May 2008
    Tesoro Silver uMax
    515
    208 times
    All Types Of Treasure Hunting
    Quote Originally Posted by Clay Diggins View Post
    These type of forums are not the best place to learn the mining business. Tnet does have some serious, knowledgeable, experienced miners but it's also a place for everyone to share their opinions and ideas. Unless you are already well versed in mining technology you aren't really going to be able to sort the opinions and ideas from the facts.

    The value of your deposit depends on how much ore there is, how rich it is, what it's alloyed with and how much it will cost to extract.

    You can't know any of those things from a single assay. I'm guessing that "assay" was with an XRF (useless for estimating the size or value of a deposit) and was performed on a single selected piece of ore?

    For an assay to have any value it must be a fire assay of multiple unsorted samples of significant portions of the whole deposit - not just the vein. Two lode claims will never have enough mineral of any kind to interest a mining company to invest into developing a deposit. In the western U.S., at present, deposits of even the most valuable minerals will have to be proven to encompass square miles before any well funded mining company will be interested.

    If you were to establish proof of a rich strike of at least a hundred acres there is a good possibility of leasing your project area to a junior exploration company. That can be a nice annual income and with enough additional successful exploration a major mining company might eventually pick up the project (and your lease) then your annual income could be life changing.

    But first you will have to put a lot of time and effort into learning how to perfect your discovery. You will also need a boatload of money to pay for the required drilling and assays. All mining is a gamble and until you can provide industry standard proof to increase the odds of success for a mining company none will have any interest in gambling on your discovery.

    That's the situation in the industry for now. That leaves the little guy with a perfect opportunity to develop small but rich discoveries on their own dime without fear the big boys will try to muscle in. It's just not part of their business model anymore.

    So what to do with your ore assuming it's worth mining? That's a problem with small but chemically complex discoveries like hard rock PGM deposits. A recovery circuit will need to be designed to process your ore efficiently and that research alone can be very expensive and time consuming. Unlike free milling gold you won't be able to finance your development costs from the proceeds of your discovery as you go along. Instead you will need to fund the circuit process design and contract a processor before you can do anything but stockpile ore.

    As you can see all this leads us back to the beginning where you get some real assays on some properly obtained and prepared samples before you decide whether your discovery is worth your time and money to pursue. If it isn't you can always sell your, now perfected, claims to someone who has a bigger wallet and a bigger gambling urge than yourself.

    I hope that gives you some perspective on how you can succeed with your discovery. Good luck I wish you well.

    Heavy Pans
    Thanks for all the information!

    I will say the assay we had was a fire assay. We have drawn samples from various locations and archived the coordinates of each but when we call the assayers now, most are having supply problems due to COVID and aren?t currently taking samples. So additional fire assays will have to wait.

    Can you further explain what a recovery circuit is?

  3. #18
    us
    Certified village idiot

    Oct 2020
    Dayton Ohio
    289
    523 times
    All Types Of Treasure Hunting
    Quote Originally Posted by Customx_12 View Post
    Thanks for all the information!

    I will say the assay we had was a fire assay. We have drawn samples from various locations and archived the coordinates of each but when we call the assayers now, most are having supply problems due to COVID and aren?t currently taking samples. So additional fire assays will have to wait.

    Can you further explain what a recovery circuit is?
    Short answer... the manor in which your materials are processed. With precious metals you will find different methods of recovering values. Chemical leaching, smelting, gravity separation to name a few. Your circuit will be referencing to the tactics employed in freeing your values from the waste materials. More than one way to skin a cat..... not all ores can be processed the same way. Many variables to consider.

    May of these questions can be answered with great detail and fill in many more questions that will follow this one if you locate the information online and read. It will require a great deal of time but truly understanding the process will help you find the correct way to go about it for your ore. As well as help you weed out any future dealing with people who may be wasteful of your time or materials.

    If you have indeed found what you seem to have found it will pay off 10 fold to invest the time needed to gain a real understanding, rather than just an answer to your most recent question.

    Best of luck! Quite the rabbit hole you’ve stumbled upon.
    Last edited by Ohiogoldfever; Aug 31, 2021 at 11:22 AM.

  4. #19
    us
    May 2008
    Tesoro Silver uMax
    515
    208 times
    All Types Of Treasure Hunting
    Thanks again for the info!

    It’s a good problem to have, I suppose.

  5. #20

    Feb 2006
    1,816
    1935 times
    If you are thinking of recovery and refining on your own, please search the term “platinosis”. A single mistake could cost you dearly. Please get advice from professionals with experience in recovery and refining of platinum.

    Time for more coffee.

  6. #21
    us
    May 2014
    AZ
    Beach High Banker, Sweep Jig, Whippet Dry Washer, Lobo ST, 1/2 width 2 tray Gold Cube, numerous pans, rocker box, and home made fluid bed and stream sluices.
    2,293
    3469 times
    Prospecting
    As Clay alluded, your discovery would have it's best chance of development as a large well financed project. The current anti mining atmosphere here in the U.S. is problematic though. There is a seemingly endless supply of activists (NIMBY'S, native people, enviros, etc.) to delay every stage of development permitting etc., so legal fees alone can be show stoppers. There are at least two major mining projects here in Arizona that have been delayed for years. If the govt.can stop pipelines who knows what else they will try.

    I wish you luck and prosperity.
    Last edited by arizau; Aug 31, 2021 at 10:05 PM.
    If it can't be grown, it must be mined!

  7. #22
    us
    Mar 2014
    Traveling US to work
    Current Equinox 600 Past Whites DFX Garret GTI 2500 and others Prospecting Minelab GPZ 7000 Past SD 2100 GP 3000 (retired)
    2,336
    2001 times
    All Types Of Treasure Hunting
    My advice is to weigh up what you have and net search for small refiners that work with platinum. Give them a call to see what their minimums weight requirement may be and what their fee schedule is. The group I'm working with for electronic scrap recycling has a weight limit but in my research I've come across small operations that might suit your needs. Give it a search.
    This is the material I work on for gold, its been posted before in another thread.
    Click image for larger version. 

Name:	IMG_Aviation contact material.jpg 
Views:	17 
Size:	1.92 MB 
ID:	1945153
    Everyone Believes they have gold buried in the back yard... small wonder so few ever look for it.

  8. #23
    us
    Certified village idiot

    Oct 2020
    Dayton Ohio
    289
    523 times
    All Types Of Treasure Hunting
    Quote Originally Posted by arizau View Post
    As Clay alluded, your discovery would have it's best chance of development as a large well financed project. The current anti mining atmosphere here in the U.S. is problematic though. There is a seemingly endless supply of activists (NIMBY'S, native people, enviros, etc.) to delay every stage of development permitting etc., so legal fees alone can be show stoppers. There are at least two major mining projects here in Arizona that have been delayed for years. If the govt.can stop pipelines who knows what else they will try.

    I wish you luck and prosperity.
    Quote Originally Posted by DDancer View Post
    My advice is to weigh up what you have and net search for small refiners that work with platinum. Give them a call to see what their minimums weight requirement may be and what their fee schedule is. The group I'm working with for electronic scrap recycling has a weight limit but in my research I've come across small operations that might suit your needs. Give it a search.
    This is the material I work on for gold, its been posted before in another thread.
    Click image for larger version. 

Name:	IMG_Aviation contact material.jpg 
Views:	17 
Size:	1.92 MB 
ID:	1945153

    Nice to see another scrapper amongst the group.
    Attached Thumbnails Attached Thumbnails Click image for larger version. 

Name:	238D9A72-DF07-42CF-BFEE-4D7204B6CF0F.jpeg 
Views:	13 
Size:	2.43 MB 
ID:	1945234  
    crashbandicoot and DDancer like this.

 

 
Page 2 of 2 FirstFirst 12

Home | Forum | Active Topics | What's New

Sponsored Links

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Similar Threads

  1. kimberlite/impact diamond/ platinum group nugget
    By Connor McCloud in forum Today's Finds!
    Replies: 33
    Last Post: Aug 27, 2021, 06:00 PM
  2. kimberlite/impact diamond/ platinum group nugget
    By Connor McCloud in forum What's It Worth?
    Replies: 5
    Last Post: Aug 26, 2021, 08:50 PM
  3. PLATINUM FLUX SMELTING PLATINUM
    By philliplafkas in forum Hard Rock Mining
    Replies: 3
    Last Post: May 12, 2016, 10:00 AM
  4. Replies: 2
    Last Post: Dec 01, 2014, 02:01 PM
  5. Replies: 2
    Last Post: Feb 28, 2013, 11:58 AM
Powered by vBadvanced CMPS v4.3.0