Tyhee's Drilling Plan
posted on
Mar 11, 2010 10:36AM
(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)
A couple of weeks ago, I asked Dr. Webb's several questions regarding Tyhee's drilling plan and PR, sorry for forgetting to publish here. Here are Dr. Webb's comments
To answer your questions, we are planning to drill along strike at the Clan Lake Main Zone for approximately 800 metres. We'll need one drillhole every 50 to 100 metres to enable our resource people to qualify any additional resource as inferred. The logic here is that the average investor and general analysts consider a measured ource to be the same as an indicated ounce to be the same as an inferred ounce. The upside is we can build our ounces faster and cheaper, the downside is we can't incorporate an inferred resource into an economic plan (prefeasibility or feasibility study).
We have been working on a revised/updated website for some time. It should go live soon. We are expanding our IR efforts, generally focusing on analysts and banker right now. We will be doing about 6 trade and investment shows per year, together with retail broker and anaysts meetings having us on the road for 4 to 8 days per month.
Dave Webb
President & CEO
Tyhee Development Corp