ExPl guy,
unfortunately you are right. However, note that I only consider the central core of the Gold Mile and not all the other land holdings.
I my oppinion, I think Kodiak would be better off using money and energy trying to explore for the deposit we all hope for, instead of trying to get a 43-101 on a part of a deposit that too me just does not give us the ounces. To me the central Golden mile is roughly 500 m long, 150 m deep, 1 m wide, at 7 grams/tonne(just a rough estimate) we get about 50,000 ounces of gold. I may be off by a factor or two or so, but it will not give us want we want and what we need. If I am very wrong(been before) please correct me.
I am sure there is still a gold mine to be found, but so far we have not found it, the only way forward is to keep looking