Lakeside wrote:
"You make reference to Agnico Eagle's Goldex deposit. You might be interested to check out AE's 2011 exploration plan for Goldex at http://www.agnico-eagle.com/Theme/Agnico2/files/Presentations/Exploration%20Show%20and%20Tell%20Presentation.pdf see pages 11 and 12. There they are already mining down to the 800M level and have an exploration drilling plan for 58,200 meters this year to go after the D zone which extends even deeper. The Goldex Extenstion zone has grades just marginally over 2g and the same is expected in the D zone."
WOW...now there is the difference between a junior miner and a major...
2011 Exploration Budget ....$142M....410 km of drilling
Goldex Exploration budget ...$5.8 M....58,000M of drilling
The new D zone starts at 800M and is still open at depth below 1250M
SN