Re: News! November 3rd, 2008
in response to
by
posted on
Nov 09, 2008 12:25PM
The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.
with all due respect, i don't think the news release is "clear" at all. And far from "finishing up" at NW-12, the release says work is challenged by the dyke and is awaiting initiatives being tried out at NW-13a. what's clear to me is that 1 drill is turning at NW-13a. The next paragraph, about NW-12, is ambiguous. I would interpret it that drilling has halted while they puzzle out the dyke. from the nov 3 news release: "Victoria is using some new drilling techniques in NW-13a to maximize the ability to penetrate challenging drilling areas, such as this dyke [referring to the dyke in NW-12.] Assay results will be released when NW-12 has reached its targeted depth."
There's no clear statement that a drill is either in place at NW-12 or else has been sent away.