Drilling
posted on
Apr 06, 2009 04:43PM
Focused on becoming a near-term Gold Producer
I doubt very much that any drilling will take place before June. I am basing that on a conversation I had with Bill Love at the PDAC Show. Below is a repost of part of the conversation I had with Mr. Love pertaining to drilling schedule.
----------The next step will be to use those results to start the vein mapping process. This is a crucial step for it will allow them to more accurately pinpoint the drilling locations for the upcoming drill program. This phase will take some time and before completed the area will be into spring thaw. It is anticipated that drilling will be commencing sometime in early to mid June. It is safe to assume that the area will be sufficiently dry then to be able to mobilise the drills etc. The timetable of course depends on the length of the spring thaw which varies with the amount of snow and rain and temperatures they can expect in the region over the coming months.
It is expected that they will do approximately 3,000 metres and it will be shallow drilling. No holes will be deeper than a 100 metres...................
Since he stated that drilling would not start til June I am inclined to believe that would be the earliest. It would be foolhardy IMO to try to mobilise the necessary equipment during spring thaw when there is no real urgency.
cheers
killick