Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Re: Frank Candido - Sasha 's Reply
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Mar 25, 2011 04:01PM
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Mar 27, 2011 11:53PM
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Mar 28, 2011 01:16AM
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Mar 28, 2011 08:52AM

Our time for bulk sampling at a mill will come.... But for now we should not under estimate the costs and complexity of the controls needed for a 43-101 compliant milling test. Agnico Eagle's tech report gives an example of the considerations and effort needed when assessing a low grade deposit, when they conducted a mill test on 16,522 tonnes in 2005. AE had staff on site 24/7 during the entire process. See section 16 starting at page 74 in the following Goldex report.

http://www.agnico-eagle.com/Theme/Agnico2/files/pdf/Goldex_TechReport_26Oct05.pdf

In the meantime our executive team at GNH is giving us good indicators of grade results in a cost effective manner. I am more focused on tonnage.

lakeside

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