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What about Bulk Sample Purity compared to the Bench Results, Recovery Rates, the Optimized Flowsheet for Processing from the Sample analysis? Is it all for PEA?


Hi Mark, these items are definitely a much anticipated release

From the 43-101 report released in January:
"In September 2013, Zenyatta shipped a 5,546.8 kg sample from the East Pipe to Lakefield. The sample was composited from HQ size core from holes drilled specifically for the testwork. A 4,623.4 kg sample from the West pipe was shipped in November 2013.
Testwork is scheduled to begin in January 2014 with results available in March 2014."

From this it sounds like these results will be released prior to the PEA. Iam unsure if this is still the target results date, however, I have not come across anything indicating otherwise.

This gives up 6 more trading days in March for the Bulk sample results to be released. Hopefully ZEN and more importantly, SGS Lakefield are able to deliver these results on time.

I also agree with your assessment of the PEA process. Though it is an ambiguos target date as of now (Q2), the appointment of RPA to perform the PEA should lead to efficiencies in the process given their previous work on the 43-101.

Bulk sample results...PEA, exciting times are just around the corner folks!

Cheers

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