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Message: Re: UPDATE FROM IR
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Feb 15, 2010 06:18PM
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Feb 16, 2010 12:42PM
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tau
Feb 16, 2010 01:07PM

Feb 16, 2010 03:03PM

Feb 16, 2010 03:48PM

--"With the massive amount of drilling on the central part of the GM I would certainly expect the upcoming NI 43-101 to contain some indicated and measured ounces in addition to inferred."-- Red911

I would think so too. They drilled so many holes in such a tight cluster they might be able to derive some indicated resources out of it, not sure though - I don't how closely spaced infill holes have to be to make the estimates indicated.

It looked to me that the first 250m alone should be around 300k oz (indicated) with a potential to quadruple that (or more) for inferred if they were to extrapolate similar results to the 1000m mark -- which they have already shown to have gold.

Whether it's feasible to mine that material at 1000m is a whole other story but they're still drilling and may hit some nice pockets so you never know.

Cheers.
Gamblor.

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M
Feb 16, 2010 04:06PM

Feb 16, 2010 11:16PM
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Feb 17, 2010 10:53AM
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M
Feb 17, 2010 11:32AM
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Feb 17, 2010 11:37AM

Feb 17, 2010 11:53AM
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