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Message: Re: Key Lake Property
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May 13, 2010 06:34PM

15000 meters.. ?? 1 machine @ 35 meters per day = 428 days of drilling

or.. 2 machines = 214 days of drilling.

or 3 machines = approximately 142 days or so

regardless.. Cost at 120 per meter = $1.8 Million + assays ETC

Probably about a 2 million dollar budget ...IMHO.

And lets allow another million for drilling this fall back in the Beardmore area.

With little help.. I can see that 4 million can easily be spent this year..

This drilling and the results should put us in a far better position by this fall .. if not earlier.

SO--... LETS GET AT IT

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