SO.... (ROTF) SINCE 13 MAR.....(NEAR AS I CAN TELL) we should have completed in excess of 25% of the 2 year drill program at MR.....
ONE of Our list of objectives includes:
• Drill up to 140,000 feet at Mineral Ridge over the next two years to contribute to our feasibility study, building up our gold and silver reserves
YTD we are looking at between 34,500 and 45,000 ft of drilling with 6,900 to 9,000 5 ft cores.
As far as I can tell we should have completed in excess of 25% of our two year goal. Drilling didn't begin until the week of 13 Mar 08.
"Initial drilling will focus on completing approximately 100 50-foot holes in the existing leach pad....."
"....we began drilling our first deep "hardrock" hole at Mineral Ridge on Wednesday, March 26."
"With completion of that task, expected by the end of February, (see PR 1 May 08) the crew will begin a 25,000-foot in-fill and step-out program on the western side of the project boundary, within the Brodie, Blue Light,and Solberry claim groups. The holes have been mapped and will range from 300-to-1200 feet in depth. This campaign is expected to take approximately 18 weeks."
golden-phoenix.com
THIS YEAR as of Aug 14th we had completed approximately 17,000 feet of exploratory drilling and 7,000 feet of leach pad
evaluation drilling and submitted over 3,400 5 FT. exploration core samples and 1,400 5 FT. leach pad core samples for assay.
I personally saw the core holes in the leach pad and they were at roughly 15 ft invervals.
The drill rig and its crews were operating so reliably they added a second drilling shift, and put the drilling operation on a 30-day-per-month pace. PREVIOUS TO THIS INFORMATION were statements of the drill crew averaging 350 ft per day..... lets double that to 700 ft per day for 30 days and allow 13 days for chasing women...
700 ft per day for 30 days is 21,000 ft of drilling
21,000 divided by 5 foot cores = 4200 exploration samples
If the average depth per hole was 50 ft then we added 420 50 ft holes . If the average depth per hole was 100 ft then we added 210 100 ft holes OR 60 350 ft holes........
I need to confirm that the drill rig is operating at a 700 ft per day 30 day pace or a 350 ft per day 30 day pace. I was under the understanding (or assumption?)that it was a two shift operation. ANYONE?
IF we were doing a straight 30 day 350 ft a day operation then we should have drilled 10,500' @ 2100 5 ft cores |
