GREY:ABGFF - Post by User
Comment by
hassyon Nov 16, 2009 4:31pm
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Post# 16492306
RE: New M&D out
RE: New M&D outThanks. Just downloaded & not much was discussed in the MD&A.
here is the only section I can find wrt fs...changing the tune from Nov. to during 2009....
"
Currently the Corporation is working on a feasibility study to examine various methods for placing Copperstone into
production. The last two years of drilling has identified two zones with significant potential to increase the size of
the resources. The South Pit Zone, the Southwest Zone, and the D-Zone have the potential to significantly extend
the mine life and improve the economic returns. The potential for these gold zones, which lie outside of the current
resources, to extend the mine life at Copperstone will be evaluated subsequent to the current economic study.
The Corporation’s main objective is to finish the feasibility study during 2009, make a production decision and
commence permitting and construction.
The Corporation is also examining the merits of a possible small production development at the 100% owned
Fenelon Project in northern Quebec, and is continuously looking to realize value on other, non-core assets as with
the recent sale of the Taurus Project."