The genesis of the 'in situ' Florence Copper Project was a 'stand-alone' piece of crap called Curis Resources, majority owned by Taseko. After borrowing (and blowing) something over $ 60m from the likes of Red Kite and getting absolutely nowhere, Curis was bought out by parent Taseko, who thereafter made good to Red Kite.
That deal was a massive large protrubance up dopey bummy hole to existing TKO stakeholders. That very minor issue didn't bother these boyos. And what else are these types up to? Well suing everybody they possibly can from environmental groups to the Feds (taxpayers) for one. Anybody spending 23 seconds examining the HDI group's history would likely run, not walk away from these horrid K9s. (Yup HDI boyotards are behind Northern Dynasty too, pffft)
|Teseko - TKO.t ($ 1.59) has been trying for 6 years to obtain an aquifer permit for an in-situ copper recovery (ISCR) operation. Used mainly for uranium extraction, the company has long touted ... "where a mixture of 99.5 percent water and 0.5 percent sulfuric acid dissolves copper into the bedrock. Then the copper solution is pumped to the surface and processed into copper cathode sheets. The pH of the water and sulfuric acid solution is similar to that of “common household vinegar.” |
This is only half correct. The company plans on recycling the raffinate, meaning the solution grows in concentration with each and every pass through the rock. When eventually processed it will be much more than "household vinegar".