Hi goodheart-r,
We can forgive Megan Leslie's little slip.
She would have been told by Moe that the Black Horse drill site has deep drilling to the depth of 1,500 meters in order to further define the 20% cut-off rated, 46.5 million tonnes of 38.8% Cr2O3 and move it from Inferred to a Measured or Indicated Resources.
Frank had already explained that by January 24th, 2014, despite a slow drill deployment due to cold weather, three holes had been completed on Black Horse. At the same time, shallow drilling continued on C-6 and that they have already determined that it is a continuation of Noront's "Triple J" zone, which encountered gold grades ranges from 0.3 to 30.0 grams per tonne within a 300 meter depth. Results from Noront had indicated a very consistently striking and dipping, large, low grade, gold deposit adjacent to the Blackbird and Eagle Two deposits.
Stay tuned.