here's the answer to your question about why they continue to pursue Rice Lake.
"The Rice Lake mine therefore continues to provide dual utility in terms of the production and development of these eastern zones and also in providing an optimum platform for the exploration and future access to potential depth extensions of the Hinge, 007, L-13 and Emperor Zones."
This company is all about proving up resources. Rice lake provides a way of drilling out the shallow deposits at depth which gives a better model and more proven ounces.
JMO, JFF7