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Pastimes : Zenyatta Free Speech Board
ZEN 77.480.0%Nov 21 4:00 PM EST

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To: Packfan1941 who wrote (2055)7/17/2015 11:57:39 AM
From: the Chief  Read Replies (1) of 22811
 
Drilling is not enough for veining. So we had to trench, trenches 12-15 feet wide, 15-20 feet deep , some as long as 100 feet and spaced every 50m to get an idea of how to quantify the structures. Drilling was a waste of money as it turns out. If you have a vein on surface and you angle drill an intersect it at 40m, thats not enough, you have to prove its a vein with depth. So trenching, lots of it.

What we will put out in next 2 months is a 43-101/PEA/PFS/BFS combined.

Costing for trucks, plant, equipment, Income from Marble, aggregate, graphite.
Building repair costs, tailings pond refurbishment to 2015 standards etc
CAPEX for entire project, which I am estimating at $15million total.
43-101 I am saying rolling resource of 15,000 tons concentrate and silently hope for 20K

West side..... 560,000 tons of concentrate. and I am sticking with those numbers.

IT ALL TAKES TIME....1.5-2 months to go.
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