Re: ..Pac Man San
in response to
by
posted on
Feb 03, 2010 03:08PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
I would suspect if the grade is high enough, they might want do do a bulk sample in order to get an accurate assessment for a future 43-101 on the 007 zone. I personally hope they do not spend any time on work that delays a profitable quarter. It was starting to look like Q1 was going to be bottom line net profit, however does anyone have an opinion as to whether this ramp work will keep us from that goal. The thing that really amazed me when looking at the Red Lake numbers was they were acheiving huge numbers of ounces with less than 800 tons per day. We haven't seen any of these near surface deposits come close to the grades of the deep Red Lake ore, however if 007 can deliver similar or better than the Hinge we could see the ounces go up substantially.