Galahad Metals

4 projects in Ontario, Quebec and Nevada (Gold, Silver,Copper,REE)

Free
Message: Drilling

I spoke with Robin on Monday and the Drill contract is in hand and is going to the BOD this week for approval. The drilling is to start almost immediately, but will require set up and ground work. Expect the drill to spin the second week of April. That is me guessing and not Robin reporting!!

The company is in the process of a PP for Red Ore (bottle creek) and in the planning stage for a drill program. There is no drill contracted yet but they expect to begin in late April to mid May.

Montrose is a recomendation that will go to the BoD for evaluation. I'm guessing that if they feel a 43-101 compliant resource estimate will have value then they will approve a drill program for Montrose as well. This only makes sense to me if they plan to spin out Montrose....JV it.....or sell the deal. I don't really understand the Montrose claims yet and we all need to do some reading to understand the potential there.

Does anyone have any research they can share??

That's it from what I remember......... Robin is pumped! ......carry


Mar 15, 2011 06:56PM
2
Mar 16, 2011 04:35PM
Share
New Message
Please login to post a reply