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Message: More reason to Re-Start Clan Drilling ASAP, Maybe Even as a Spin-off.
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Feb 13, 2012 07:13AM

Might what Brian says suggest that Clan could lay dormant for seven years, it'd be better to seek funds for further exploration there? Perhaps selling Clan, with proceeds to fund the YGP, and starting a new exploration Company with Webb as CEO would make sense. Read here...

"...the “lion’s share” of production in the first seven years of the project would come from this near surface deposit [at Ormsby] without going underground or adding any ore from the Nicholas Lake or Clan Lake deposits. Of course, this would also reduce capital costs and should have a particularly positive impact on the early economics of the mine."

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