Thanks Orcinus. I think you have captured the exact statement from Elmer that has left us two ideas of when drilling is happening.
I think folks are taking that statement to mean that they will get all the targets (last years and new 2012 targets) ready and then drill them later this year.
I take this meaning: the program is to identify more targets to be drilled later this year.
We wont' have completely identified any new targets till after Titan is back imo.
The May 10 NR described the program as including the aerials, Titan, Drilling Mike/ES/GK anomallies and Discovery. Drilling in two phases.
2012 Exploration Program Highlights:
- A Total Field airborne magnetic survey (approximately 2,500 line kms) to extend the limits of the 2011 survey to the north and south and a spectral imagery survey,
- Titan-24 DCIP & MT surveys are planned to survey the area between the ES zone and the GK zone to follow-up the positive results obtained in 2011,
- Diamond drilling of three (Mike, ES and GK zones) untested Titan-24 chargeability anomalies outlined in 2011,
- Diamond drilling to follow-up the copper-gold-molybdenum-silver mineralization intersected in diamond drill hole 2011CF422 (the Discovery zone) located approximately 1,200m north of the Schaft Creek deposit, and
- Diamond drilling will be conducted in two phases, phase one consists of 5,000m of drilling to test the targets outlined in item d) above. Phase two will consist of at least 5,000m to follow-up zones of mineralization intersected during phase one drilling.
