I am waiting for an update on this project. There is value in the deposit as they planned to update the resource estimate which included incorporating the silver metal content and historical core. Next, they were going to begin an PEA study on the deposit.

There was this last year's article that was an interesting read stating the deposit could be a "1 or more Billion tonne deposit" with further development and drilling. Elmer also believes this is the next "Schaft Creek".

http://www.miningandexploration.ca/mines/article/carmax_prepares_for_2015_eaglehead_exploration_program/