While the rate of new discoveries in 2010 provided substantial optimism about the potential of the Rice Lake Project, 2011’s exploration program will shift closer to identified deposits to improve production planning.

This quote was taken from the report on SGR website. The thing that I take from this statement is that they now feel fairly confident that the property has at least 5 million ounces. With the current configuration of a mill that can be upgraded to 1800 tpd and at least 3 mines working at all times they have a 25 year mine life at 200,000 ounces per year. What they really need to do now IMHO is figure out if there is more and where the best and most ore is located. If the numbers can be proven to be in excess of 5million ounces then a more elaborate plan might need to be contemplated.