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Gold/Mining/Energy : lake shore

LSG 1.469

0.0%

Apr 11 5:00 PM EST

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To: Detective who wrote (1)	1/6/2012 10:51:32 AM
From: tyc:>	Read Replies (2) of 16

How do you explain the problems ? I note the following from the 2007 pre-feasibility study: "..... The resources for the TW Project however, have been carefully and prudently established from significant surface drilling which limits the the potential downside risk that the ore grades encountered during the mine life could differ from those estimated to date...." Oh yeah ? What about " Drill for structure, drift for grade" ? It goes on... "The bulk-sampling program will determine the grade more accurately...". But I think this is so only if it looks for trouble,...... not if it looks for confirmation of high grade.. I believe the higher grades are still there for the future. (In contrast the 43-101 of Thunder Creek seems to specify that lower grade material that must be mined to provide access to higher grade is perforce included).

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