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Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?


To: gemsearcher who wrote (4083)7/20/1999 12:14:00 PM
From: russet  Read Replies (1) | Respond to of 7235
 
My understanding is SUF will increase processing to parallel increases in resource size at Klipspringer. If the drill proven resource of diamonds doubles in size, they will double processing capability.

They currently have ore to last for 15+ years,...of course that was in June. Perhaps another year has been added by now. There is no season for drilling in this region. It continues year round. In a few years of exploration drilling in Marsfontein (18 anomalies to drill) and Klipspringer (only 3.45 km tested with 19km indicated and open in both directions) we could see 5+ times the drill proven reserves with multiple pipes and multiple working faces on the sills allowing for an increase in processing capacity to 5 times or more present capacity.

Then there is Camafuca, and Messina (production could easily be doubled here we found out at the AGM) and Munn (Could have another Snap Lake with multiple adits on both shores of the lake, unlike Snap which will probably have one entry point on the NW peninsula) and Yamba and Brazil (another nice warm place all year round exploration capability).

Where's that new PR guy? He'll have to spend some time dancing with us hamsters before he assumes his new position.

russett, the happy SUF hamster.