meta, are you still in this. the board's quiet is deafening.
if so, it looks like you & me qualify for Survivor Redemption
P. Cunningham (goldstone) is still buying.
the Premier updated 43-101 should be soon, 1q2011. it will be interesting what the 'K' zone will show.
finance.yahoo.com
Hardrock Project
The Hardrock Project, operated under a joint venture with Goldstone Resources Inc. (TSX:GRC) (Premier holds a 70% interest in the project), saw more than 110,000 metres of drilling in 2010. This drilling was successful in identifying and delineating multiple open pit and underground style gold zones with the following highlights:
-- Early in 2010, a large NI43-101 compliant open pit resource was
announced. It is anticipated that this resource will be
updated in latter portion of Q1 2011 and include all drilling
to the end of 2010.
-- Drilling has expanded the footprint of the North Zone, which
hosted an historic production grade of 7.54 grams per tonne of
gold (g/t Au) or 0.22 ounces per short ton (oz/ton) more than
600 metres down-plunge below the bottom level of the Hardrock
Mine where it remains wide open for expansion.
-- Drilling successfully delineated and expanded the F-Zone
deposit with intersections such as 7.92 g/t Au across 114.5
metres (m) (0.23 oz/t across 375.6 feet) including 23.56 g/t Au
across 31.0 m (0.69 oz/ton across 101.7 feet) within the
historic F-Zone resource area and 18.49 g/t Au across 20.5 m
(0.54 oz/t across 67.2 feet) in step-out drilling approximately
400 metres west of the limits of previous exploration.
-- New discoveries were made including the K-Zone, located just
below the F-Zone. A full summary of results will be released
in the near future.
-- Permit submittals will be made for Advanced Exploration
(de-watering and ramp construction).
In 2011, eight drills will be active, further delineating resources at Hardrock. The Hardrock Project is host to several past-producing mines which collectively produced more than 3.0 million ounces of gold, primarily from shallow depths of 2000 feet or less (600 metres). The mined zones remained wide open at depth at the time mining ceased. Additionally, developed but unmined historic resources were left in place within the existing mine workings. |
