With the French translation of the final draft having been completed, it appears the long awaited Timmins Porcupine West/Teck News Release could be put out as early as tomorrow morning!! Obviously, the most important current event is the quest to drill into the VMS at Kidd. As of this morning, it’s rumoured the crew are at the 850meter level, and have encountered some very hard rock, necessitating a change to a more durable cutting head. The prevailing belief is that we could hit VMS between 800-1,000meters. So, the ‘Eagle’ is circling. Cutting through considerably harder material is a mixed blessing, as progress slows to 30-50meters a day, but the changing geology is an exceptional indicator that we are getting close.
A Company representative attended the Okanagan Capital Conference, held in Kelowna, BC last Thursday and Friday. The Thursday reception was very well attended by Senior Brokers, and Venture Capital Groups from Canada & the US. On Friday, he hosted eighteen Twenty minute meetings with various of these individuals. He focussed on the potential at the TPW, and the ongoing progress at the current Kidd drill site. More time was spent during the evening reception & dinner to inspire even more credibility, and excitement with those people, & others. Obviously, as potential major investors in EXS/EXSFF, they all have a Due Diligence process to go through, but I am hearing that many of the prospects were keenly interested in the company. The prevailing attitude towards mining & mining exploration amongst the group was very upbeat. Follow up will take place through this week, so we’ll see.