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Gold/Mining/Energy : Corner Bay Silver (BAY.T)

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To: Elizabeth Andrews who wrote (559)12/23/1999 4:03:00 AM
From: marcos  Read Replies (1) of 4409
 
One of the reasons to drill thoroughly enough to get an overall picture of the deposit is to establish the best siting of your camp, to figure out where you're going to put the leach pads, mill, tailing ponds, equipment sheds, outhouse, etc. You don't want to just plunk them in there and then find out they're on top of your sweetest spot of all. Winspear has been intentionally drilling off an area this year where they don't expect to find kimberlite, just making sure before they site the camp and airport. X-Cal at Sleeper inherited a mill that's right on top of what now appears to be an economically leachable deposit. Costs money to move that stuff, better to get it right in the first place. Also, a site has to be optimised accurately to be most efficient in moving material. A hundred metres counts big when you're about to move a few million tonnes.

Another reason - They're a junior. That's what they do - drill. I dunno, i like it.

john and Mark - Thanks for the AGM reports, great stuff ... cheers
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