Thanks Traps. Maybe we will hear more once the drill results are released.
Here are some notes from the Annual Statement:
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Things to watch for:
Hart construction planned for spring 2010
Redstone Mill: 1100 tpd = aim 1800 tpd in 3 mths time
Redstone Mine – fall 2009 = pre feasibility study at the 670 m level (before 508 m level)
McWatters – 3rd qtr 2009 – feasibility study using avg grade 0.49% Ni (cutoff .2% Ni)
Hart – late 2009 preliminary econ assessment
Fall of 2009:
Drilling of Redstone at 488 m level to 670m level
Drilling at 366 m level completed
Ongoing activities (awaiting news)
Lease for the McAra Cobalt project
News about the Hart mining lease (need to commence a perimeter survey of the mining claims)
Drill program for the additional targets near the Redstone, McWatters and Hart projects (fall of 2009)
Sothman – drill results pending analysis and news release about an anomaly approx 3km east from historical identified mineralization. Five drill holes tested the historical mineralization 300 m below surface.
McAra Lake-Ray Cobalt Project = 7 drill holes were completed at and near the exposed surface pits at the Ray Township site. All results are pending analysis and news results .