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Gold/Mining/Energy : CUMBERLAND RESOURCES (CBD)

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To: loantech who wrote (377)9/19/2003 11:53:51 AM
From: dara  Read Replies (1) of 393
 
<<Phase 1 activities included over 14,000 metres of diamond drilling in a total of 146 holes as part of a $10.5 million 2003 work program at the Meadowbank project designed to define and explore for further resources, complete a feasibility study and commence mine development permitting. Phase 2 activities, which include an additional 5,000 metres of diamond drilling focused on additional infill and exploration drilling, are now being completed. Feasibility studies are on track for completion in late 2003 or early in the first quarter of 2004. >>

So next step is to define and explore for further resources, a feasibility study, mine permitting and more drilling. Do you think they will recalculate their resources soon?

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