HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Re: Office conversation - jimmied
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Mar 26, 2008 05:42AM
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Mar 26, 2008 05:44AM
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Mar 26, 2008 06:05AM
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Mar 26, 2008 06:27AM
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Mar 26, 2008 06:46AM

Mar 26, 2008 06:48AM
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Mar 26, 2008 06:52AM
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Mar 26, 2008 06:56AM

Mar 26, 2008 06:57AM

I have seen a bunch of figures on the drilling rates, though I will state up front that I think miskealp has a better handle on this than I do.

I seem to recall reading that the new drills will drill between 50-70 meters/shift. (Though this depends on the hardness of the rock, and I have seen it suggested that they can drill even more.)

For my (albeit simplified) calculations, I assumed two holes/week. If we take your suggestion of 120 meters/day and a hole depth of 300 meters then we have about 2.5 days per hole. Add in a day for transport (though if I recall correctly, they can be set up in eight hours) and we are at more-or-less two holes per week.


Mar 26, 2008 08:19AM
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Mar 26, 2008 05:10PM
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