russet to red,
If by results you mean the bank feasibility studies, we can expect them after the bulk sample results and drill core caustic fusion results,in June or July of this year,...they will be based on this winters program.
If you mean an updated resource calculation based on the summer program results, I don't think that there has been a material change to their 1998 release because of the sparsity of drill hole results outside the initial area evaluated,...and the tightly spaced holes on the NW peninsula confirmed grade in that area only. The holes they have almost finished now offshore of the NW peninsula will confirm the grade of the underground mining portion of the MRDI study, and increase the resource to about 5+ million tonnes of known grade. That's all the bank needs according to RT.
Of course several wildcat holes have, and will be drilled to give us a potential resource of 20+ million tonnes, and a few 1000 meter holes will be drilled looking for the "MONSTER UNDER SNAP LAKE".
If you mean something else, I didn't ask.
russett must go to bed now as numbers are spinning on the screen, it's 1:30 am EST here and well past my bedtime. |
