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Gold/Mining/Energy : 2011 Yukon exploration Drilling Companies "ONLY"
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To: Rocket Red who wrote (35)6/3/2011 5:36:53 PM
From: heinz44Read Replies (1) of 61
 
right...rtz the former krx

The Report recommends a two-phase exploration and development program. The first phase will focus on data compilation, the completion of metallurgical studies initiated by the previous operator, and the completion of a preliminary Engineering Economic Assessment Report (Scoping Study). The budget for the first phase program is estimated to be $340,000. The second phase of the program will include diamond drilling to test the strike and down dip extensions of the Marg deposit and to acquire more sample material for further metallurgical testing. The second phase will also include further prospecting, mapping, geochemical and geophysical surveying, as well as diamond drilling of the favourable stratigraphy outside the existing Marg deposit. The budget for the second phase of the program is estimated to be $3,720,000. The Company plans to initiate the two-phase program in June, 2011.
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