Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

Free
Message: Cost of drilling?

Thanks Justice;

That was part of my question. How are we affected by these highly variable costs. I was heavily involved with Freewest in the ROF and recall extreme drilling costs.....especially when there was no frost in the ground.

So, in a GNH style play, when we consider drilling under the 300m threshold and then factoring in core handling and prep is $100.00/m a reasonable number to use to extrapolate a budget amount? I'm also trying to determine the potential for GAX to use it's resources to drill.

GNH also has a decent amount in the treasury and after operational overhead one can figure out approximately how much drill ammo is in the kitty.

Just doing some forward DD..............carry

Share
New Message
Please login to post a reply