GGC, Yes the TSE listing which is good, 11 drill running since December, 8 drills since September pending assays, Liller and IR on a promo road trip, working on a new resource calculation, looking at upping produciton in several locations on the property including heap leach, who knows what else. A little bird said someting interesting but who knows rumors can burn stock buyers at times.
USA = Galena, Couer and Caladay. 1500 tons per day by year end. Average 21-22 ounces AG/T. Plus copper and lead credits.They will produce 3.2 million ounces this year and over 5 mill next year and thereafter.
Exploration upside. The last results were good for narrow vein.
The most significant intercepts on the 3,700 level include 4.4 feet of true thickness (1.49 metres) at a grade of 34.33 ounces of silver per ton (1,177 grams per tonne (g/t) silver) and 23.16 per cent lead in hole 37-191, and 6.5 feet of true thickness (1.98 metres) at a grade of 25.36 ounces per ton silver (869 g/t) and 14.86 per cent lead in hole 37-210. This zone is believed to be the down-dip extension of the silver-lead resource on the 3,000 level. Drilling conducted during 2006 from the 3,700 level has identified this zone over a strike length of 1,000 feet and a vertical distance of 400 feet, and lies very near existing development on the 3,700 level. Therefore, development can occur quickly once a decision is made to do so. These results are outside of any previously reported resources for the Galena mine.
The most significant intercepts on the 5,200 level include 23.5 feet of true thickness (7.16 metres) at a grade of 11.03 ounces per ton silver (378 g/t) and 8.19 per cent lead in hole 52-223, and 21.6 feet of true thickness (6.58 metres) at a grade of 9.93 ounces per ton silver (340 g/t) and 8.33 per cent lead in hole 52-225. This area is a newly discovered vein, referred to as the 175 vein, therefore it has not been included in any prior resource reports. Drilling to date on the 175 vein indicates a minimum of 500 feet of strike length and 400 feet vertically. The vein is centred on the 5,200 level and it remains open above and at depth
stockwatch.com
I have not looked at wkm which is bad as jack says to get in early! |
