S.K.:
In regards to your questions:
#'s 1&2: The company has not awarded the drill program to any firm at the moment - the bids are still out. Not having awarded the job, we still don't know the exact date. Today they are marking out the drill locations on the playa.
3) As has been noted in several previous news releases - Ledoux gave certified numbers on Behre-Dolbear drilled and COC'd material from Franklin Lake, that was stored (under COC) at CMRI, which was then shipped to Ledoux (under COC), where the tests (under COC) took place.
In addition to the Behre-Dobear/CMRI material that was under COC, there was the SRK COC material that the ASE used.
4) Assaying may not always come out with the exact results from two different labs on first rounds. These are the first tests.
5) I have commented on this before, but once again - Naxos is not certain, and given this uncertainty, more testing and drilling is called for. Geologically speaking, there is a phenomenon that takes place in alluvial deposits which some call "hot spots". There may be pockets of indeterminate size located on the playa, that may have a greater concentration of gold than other areas.
6) I am unaware of the hiring of a public relations firm to write the news releases. It was done in-house.
7) I have not heard of a "Norton" recovery method. Estimated costs on any recovery methodology are premature at this stage - it is just guesstimating, and could be most inaccurate.
Regards,
Kim W. |
