Why would you deliniate further the Mud lake kimberlite if it was not worth mining...... ?
Clearly they know more than what is in the public domain at this time..... They have some very knowlegable back up working for SNO on the indicator minerals...
Has DeBeers told them to define the resource potential?????
Bob did mention that he was lining up transportation of the remaining 400T and had to co-ordinate it with DeBeers in GP.
Very interesting statement within the news release, Certainly got my attention:
" The proceeds of the Private Placement will be applied to further prospecting and delineation drilling of the Mud Lake kimberlite complex, currently open in three directions and identified over 34 acres to date, to expand the known kimberlite body"