Marudi Mountain 43-101 and Rexma update
posted on
Nov 17, 2009 10:08AM
Agoracom,
I would like to ask management if they could update investors on the progress of the Marudi Mountain 43-101. From the NR on October 26, 2009 the statment below indicates that the 43-101 should be completed:
In recognition of the need for timely and current disclosure, the Company has commenced preparation of an Independent NI 43-101 Report documenting the Marudi Mountain Project and all of its mineralized zones which we anticipate will be filed by November 15, 2009.
I also understand based on section 4.2 requirements to file a technical report, that the company has 45 days from initiation, or statement of claims. The 3rd party qualified person visited the property on September 28/29 so I think we are almost at the end of month 2 (60+ days).
Also, would management be able to let investors know about the progress of Rexma's alluvial mining on Marudi mountain. We were under the impression that they would start work on November 1st. Have they started work? When will they start work?
Thanks Agoracom.