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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough! -- Ignore unavailable to you. Want to Upgrade?


To: Miles who wrote (2819)10/4/1998 7:02:00 PM
From: average joe  Read Replies (1) | Respond to of 5206
 
Miles post reads like 500 hundred others posted by the KRT
hopefuls. Weather is a big factor when it comes to costs.
Obviously you don't need much support when you are drilling
in June, July and August in the Fort a'la Corne bush that is
maximum twenty miles from an open grid or highway. However,
as soon as snow hits you need to clear it out, when the
temperature drops it becomes much more expensive to run
machinery. Why would you drill in the winter when you can
drill in the summer? Swamp drilling is one exception which
does not apply here. The partners won't authorize winter
drilling when it can be accomplished in the easy months.

Sorry Miles!

over and out - aj



To: Miles who wrote (2819)10/4/1998 9:01:00 PM
From: Lilian Debray  Respond to of 5206
 
Many thanks for the report, Miles.

Had KRT drilled in July, they would have drilled in the rain.
Message 5106424
which means major costs too and can even ruin the machinery.

They are still planning to move DeBeers' portable plant for sample analysis to Saskatoon? I would also think that is good news. That will at least save the cost of shipping core samples to South Africa, probably get the results faster, plus that means that DeBeers is on stride.

Didn't SouthernEra purchase a $2 million portable sample processing plant for Klipspringer this summer?