HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Re: Googleeye, or anyone who lives up near the ROF...
2
Mar 05, 2010 02:41PM

We presently have drills on site capable of 1250m. The new ones are supposedly capable of 2500m.

There is no reason why these drills could not operate in the summer just as well or better than in the winter time. The problem is moving them. In wintertime it is relatively easy to just skid the rig from one location to the other, while in summer it would be necessary to air lift them. It could be a non issue at any rate, as this drill would drill one mother hole and as many as five wedge holes off of this first one. This could amount to 5-6 months at one location. Depending on results, they could even do a second mother hole at a different azimuth.

Best regards

K

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