via Canadian Mining Journal - Greywacke Bulk Sample

The Greywacke bulk sample is far below expectations. Either the numbers are intentionally made to look bad, or that Greywacke merely serves the purpose of obscuring other bulk sampling programmes in The La Ronge Gold Project.

For instance, did you have any idea that Golden Heart was bulk sampled, or that permitting had been completed long ago for this site?

The activity around Komis in the last year means that the economics of the mine were closely and intensively looked at while the deposit was bulk sampled. But the information available would lead you to believe that there was nothing there except an sub-economic grade small gold mine.

Mine project de-risking(if plodding) has gone on throughout the years, but no economic outlook or plan is available, except those results available through news releases and very little in the guise of development or growth is going into planning.

What I find embarassing is the way the Mill is presented. It looks like somebody set up a milling operation in someone's garage. They had to replace some of the key components, as they went into operations with worn-out, obsolete equipment. It looks really crummy.

bravo

Canadian Mining Journal

-F6