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)

Free
Message: Drilling costs?
Reply New Message
Prev Message Back To Forum Threaded View Next Message

Drilling costs?

posted on Aug 06, 2009 06:23PM

Does anyone have any idea of what our average drilling cost per meter is at this time? Does $200 sound reasonable? If so, then theoretically $20 million would allow for 100,000 metres. ...that's the equivalent of 200 holes to 500m depth, or 100 holes to 1000m or any combination thereof. Comments anyone?...

6 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply